Spain’s econ­omy grows by 0.9%

China Daily (Hong Kong) - - BUSINESS -

The Span­ish econ­omy grew by 0.9 per­cent in the sec­ond quar­ter of the year, ac­cord­ing to ad­vanced data pub­lished by Spain’s Sta­tis­ti­cal Of­fice. The fig­ure is 0.1 per­cent­age point higher than that of the pre­vi­ous quar­ter and it is the high­est since the third quar­ter of 2015. So far, Spain’s econ­omy has been grow­ing for 15 con­sec­u­tive quar­ters. On a year-on-year ba­sis, the coun­try’s econ­omy grew by 3.1 per­cent, the INE said, which will con­firm this data and pro­vide more de­tailed in­for­ma­tion about Spain’s eco­nomic growth on Aug 24. Spain’s Prime Min­is­ter Mar­i­ano Ra­joy said that the Span­ish econ­omy would “prob­a­bly” grow by “at least 3 per­cent” this year. Ra­joy said that, given this data, it could be pos­si­ble for Spain to reach 20 mil­lion em­ployed peo­ple by 2020.

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