Spain’s economy expands 0.8% the third quarter

Market news

30 October 2015

Spain’s economy expands 0.8% the third quarter

The Spanish statistical office INE released its preliminary gross domestic product (GDP) for Spain on Friday. Spain's economy expanded 0.8% the third quarter, after a 1.0% growth in the second quarter.

It was the ninth consecutive increase.

On a yearly, GDP grew 3.4% in the third quarter, after a 3.1% in the second quarter. It was the fastest growth since the fourth quarter of 2007.

GfK’s U.K. consumer confidence index declines to 2 in October

Oil prices increase, but concerns over the global oil oversupply continue to weigh on oil prices

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