Spain Q4 preliminary GDP +0.8% vs +0.6% q/q expected ...Middle East

Prior was +0.8% GDP Q4 Y/Y +3.5% vs 3.2% prior.

"Gross Domestic Product (GDP), measured in terms of volume, increased by 0.8 per cent in the fourth quarter from the previous quarter. This rate was similar to that of the third quarter of 2024.

By additions of demand, household final consumption expenditure grew by 1.0% and that of public administrations by 0.4%. Gross capital formation, for its part, varied by 2.8 per cent.

On the supply side, all large sectors had positive rates in their added value, except for the primary branches. Thus, the industrial branches grew by 0.3% inter-quarter. Among them, the manufacturing industry accelerated its rate by six tenths from the previous quarter, to a growth of 0.5%.

For their part, the primary branches recorded a quarterly variation of -0.7%, compared to 1.5% in the previous quarter."

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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