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The INE estimates that the economy slowed to 0.4% in the second quarter

2019-09-30T07:19:01.647Z

Employment growth, measured in full-time equivalent jobs, has increased to 0.5%, one tenth less than in the previous quarter. Growth e



Employment growth, measured in full-time equivalent jobs, has increased to 0.5%, one tenth less than in the previous quarter.

Economic growth is supported by the dynamism of the foreign sector, with an increase in exports of 1.7% and an increase in imports of 0.9%.

On the other hand, domestic demand grew 0.1%, three tenths less than in the previous quarter, with a flat behavior of both household consumption and investment, due to the contraction of 1.7% of business investment .

According to the criteria of The Trust Project

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  • Macroeconomy
  • GDP

EconomyIndustrial activity slows down in July and grows at the lowest rate since the last recession

FrenazoLack of Government already subtracts up to three tenths of GDP growth, according to the Council of Economists

FuncasMore than half of analysts already review GDP growth down

Source: elmuldo

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