Spain’s Economic Growth in Q3 2023

(Reuters) – Spain’s gross domestic product (GDP) grew 0.8% in the third quarter, as confirmed by the country’s National Statistics Institute (INE) on Monday. This growth aligns with the expectations of analysts surveyed by Reuters and matches the preliminary reading.

On an annual basis, Spain’s economic output for the third quarter expanded by 3.3%, slightly revised down from the preliminary estimate of 3.4%. Analysts had anticipated a 3.4% growth rate, according to the Reuters poll.