Spain’s GDP grows 0.6% in Q4

Spain’s gross domestic product (GDP) saw a steady increase in the final quarter of 2023, with a 0.6 per cent growth over the previous quarter, aligning with the initial estimates and analyst expectations, Reuters reported on Tuesday.

This consistent rise also marked a 2.0 per cent growth compared to the same period in the previous year, slightly up from the 1.9 per cent annual growth observed in the third quarter, according to the latest figures released by the National Statistics Institute (INE).

The data confirms the resilience of the Spanish economy amidst a dynamic global economic landscape.