FILE PHOTO: A woman wearing a protective mask walks past a closed restaurant, amid the coronavirus disease (COVID-19) outbreak, in Madrid, Spain, July 31, 2020. REUTERS/Javier Barbancho
September 23, 2021
(Reuters) – The Spanish economy grew a much slower 1.1% in the second quarter from the previous one, National Statistics Institute (INE) said on Thursday, revising the data from 2.8% announced three months ago.
The INE also revised the year-on-year growth in the second quarter to 17.5% down from 19.8%.
The Spanish economy had contracted 0.4% in the first quarter of 2021 compared with the fourth one in 2020 and 4.2% compared to the first quarter of 2020.
(Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)
Source: One America News Network