Spain’s economy expands 1.0% the second quarter, the fastest growth since 2007

Market news

27 August 2015

Spain’s economy expands 1.0% the second quarter, the fastest growth since 2007

The Spanish statistical office INE released its final gross domestic product (GDP) for Spain. Spain's economy expanded 1.0% the second quarter, after a 0.9% growth in the first quarter. It was the fastest growth since the first quarter of 2007.

It was the eighth consecutive increase.

On a yearly, GDP grew 3.1% in the second quarter, after a 2.7% in the first quarter. It was the fastest growth since the fourth quarter of 2007.

Bank of Japan Governor Haruhiko Kuroda: there is no need for further easing of monetary policy to achieve the 2% inflation target

Option expiries for today's 10:00 ET NY cut

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.