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- GDP increased by 0.5% in the first quarter of 2023 compared to the previous quarter and was 3.8% higher than a year earlier. Business and consumer confidence have improved since the autumn, even if consumer confidence remains very low. The labour market is dynamic, with employment growth of 1.3% in the first quarter of 2023.
issuu.com/oecd.publishing/docs/spain-oecd-economic-outlook-june-2023Spain projection note OECD Economic Outlook June 2023 - Issuu
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May 15, 2023 · According to the first estimate for Q1 2023, GDP growth gathered pace compared to the previous quarter, with a quarterly increase of 0.5% versus 0.4% in Q4 2022 (after being revised 2 percentage points upwards). In year-on-year terms, growth rose to 3.8%, versus 2.9% in the previous quarter.
Quarterly report for the Spanish economy. June 2023. Banco de España. REPORT. Editorial. Projections. 1 Global economic activity gained traction over the first months of 2023, driven by the highly buoyant services sectors.
As compared with those published three months ago, the current projections revise up GDP growth for 2023 by 0.3 pp (see Chart 3.a). This mainly owes to the flash QNA data for 2022 Q4, published by the INE in late January, and their carry-over effect on the annual average rate for 2023.
Recent economic performance in Spain According to the revised quarterly national accounts, Spanish GDP recovered pre-pandemic levels in the first quarter of 2023, having increased by 0.6% from the previous quarter. The fourth quarter 2022 growth figure was revised upwards to 0.5%.
Mar 29, 2024 · In the final quarter of 2023, the Spanish economy advanced at 0.6% annual pace, following a 0.4% expansion in the preceding period. This growth surge was predominantly powered by resilient...
• The Spanish GDP registered a variation of 0.6% in the first quarter of 2023 compared to the previous quarter. This rate is one tenth higher than that recorded during the fourth quarter, and one tenth higher than the one advanced on 28 April. • Year-on-year GDP variation stood at 4.2%, compared to 3.1% in the previous quarter.
Jun 7, 2023 · GDP increased by 0.5% in the first quarter of 2023 compared to the previous quarter and was 3.8% higher than a year earlier. Business and consumer confidence have improved since the...