Spain Q4 preliminary GDP +0.2% vs +0.1% q/q expected

  • Latest data released by the National Statistics Institute - 27 January 2023
  • Prior +0.1%; revised to +0.2%
  • GDP +2.7% vs +2.2% y/y expected
  • Prior +4.4%; revised to +4.8%

As a whole in 2022, the Spanish economy grew by 5.5% and that's a solid performance despite the headwinds faced by the region amid the Russia-Ukraine conflict and high inflation as well as soaring energy prices at one point.

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