Spain Q1 preliminary GDP -0.5% vs -0.5% q/q expected

Latest data released by the National Statistics Institute - 30 April 2021

  • Prior 0.0%
  • GDP -4.3% vs -4.3% y/y expected
  • Prior -8.9%

The Spanish economy contracted as per estimates in the first quarter of 2021, as economic activity remains more subdued overall amid the virus situation across the region.

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