MADRID (MarketWatch) - Spanish gross domestic product fell 0.3% in the final quarter of 2011, the national statistics agency said on Monday, in a first estimate of the data. The statistics agency said growth fell owing to weak domestic demand, partially compensated by a rise in foreign demand. The figure matches a prediction from the Bank of Spain released last week. This is the first fall in GDP since the fourth quarter of 2009. On an annual basis, GDP rose 0.3% against the same period in the prior year. The Bank of Spain recently forecast Spanish GDP would contract 1.5% in 2012 and then see a "modest recouperation" of growth in 2013 of 0.2%. (Corrects to fix year in headline.)
- Post #589,722
- Quote
- Jan 30, 2012 4:39am Jan 30, 2012 4:39am
- | Joined May 2010 | Status: Member | 2,442 Posts
- Post #589,723
- Quote
- Jan 30, 2012 4:45am Jan 30, 2012 4:45am
- | Joined Jan 2011 | Status: my blog www.ijhas.blogspot.com | 1,038 Posts
born to speculate
- Post #589,725
- Quote
- Jan 30, 2012 4:51am Jan 30, 2012 4:51am
- | Joined May 2010 | Status: Member | 2,442 Posts
- Post #589,726
- Quote
- Jan 30, 2012 4:59am Jan 30, 2012 4:59am
Strategy: Short term trading on 1 MIN charts.
- Post #589,727
- Quote
- Jan 30, 2012 5:08am Jan 30, 2012 5:08am
- | Joined Jan 2012 | Status: Member | 215 Posts
- Post #589,728
- Quote
- Jan 30, 2012 5:14am Jan 30, 2012 5:14am
you are the creator of your own destiny-Shivyog
- Post #589,729
- Quote
- Jan 30, 2012 5:17am Jan 30, 2012 5:17am
- | Joined Nov 2011 | Status: Trend Trader For Life | 63 Posts
- Post #589,730
- Quote
- Jan 30, 2012 5:21am Jan 30, 2012 5:21am
- Joined Dec 2009 | Status: Member | 3,307 Posts
- Post #589,733
- Quote
- Jan 30, 2012 5:24am Jan 30, 2012 5:24am
Strategy: Short term trading on 1 MIN charts.
- Post #589,734
- Quote
- Jan 30, 2012 5:29am Jan 30, 2012 5:29am
- | Joined Dec 2011 | Status: Member | 86 Posts
If it was easy, everyone would do it.
- Post #589,735
- Quote
- Jan 30, 2012 5:32am Jan 30, 2012 5:32am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
- Post #589,736
- Quote
- Jan 30, 2012 5:32am Jan 30, 2012 5:32am
- | Joined Jan 2011 | Status: Hero | 132 Posts
- Post #589,737
- Quote
- Jan 30, 2012 5:34am Jan 30, 2012 5:34am
- Joined Dec 2009 | Status: Member | 3,307 Posts
- Post #589,738
- Quote
- Jan 30, 2012 5:35am Jan 30, 2012 5:35am
- | Joined Nov 2011 | Status: Trend Trader For Life | 63 Posts
- Post #589,739
- Quote
- Jan 30, 2012 5:36am Jan 30, 2012 5:36am
- | Commercial Member | Joined Feb 2010 | 13,255 Posts