Spain Q1 final GDP -5.2% vs -5.2% q/q prelim

Latest data released by the National Statistics Institute - 30 June 2020

  • GDP -4.1% vs -4.1% y/y prelim

The preliminary release can be found here. No changes to the initial estimates as this just reaffirms the biggest quarterly contraction in the Spanish economy, which will be exceeded by the drop in Q2 amid the fallout from the virus outbreak.

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