Latest data released by the National Statistics Institute
- Prior +0.6%
- Q4 GDP +2.4% vs +2.3% y/y expected
- Prior +2.4%
Once again, Spain continues to show that it remains one of the brighter spots in a weakening Eurozone economy as Q4 quarterly growth improves to +0.7% q/q. Nonetheless, the Spanish economy isn't going to be able to anchor the entire region so I wouldn't look too much into the decent reading here.