Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain's 2009 Economic Contraction Worse Than Thought

Wed 25th Aug 2010

Spanish economic contraction last year was worse than previously thought, according to revised figures published today by the National Statistics Institute (INE).

Gross domestic product fell by 3.7% over the course of last year, faster than the 3.6% contraction estimated earlier, the agency reported.

Initial figures released on August 13 stated that the Spanish economy expanded 0.2% in the June quarter after growing 0.1% in the first three months of the year.

The International Monetary Fund expects the Spanish economy to contract 0.4% over the course of this year before expanding 0.6% in 2011.

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs