Spain Q3 GDP expands 0.1% q/q, 4.4% y/y, INE final data shows

(Reuters) – The Spanish economy expanded 0.1% in the third quarter, slowing from a 2.0% growth rate in the previous three-month period, the National Statistics Institute (INE) said on Friday.

The GDP data for the third quarter was revised from a preliminary 0.2% growth announced two months ago, official data showed.

The revised year-on-year growth in the third quarter was 4.4%, up from the preliminary figure of 3.8%, INE said.

The INE also revised quarterly GDP data for the second quarter to a 2.0% expansion from a previous expansion of 1.5% and the yearly GDP figure for the same quarter to 7.6% growth from a previous 6.8% growth.

(This story has been corrected to fix previous quarter’s GDP growth to 2.0% and not 1.5% in paragraph 1.)

(Reporting by Marta Serafinko, editing by David Latona and Toby Chopra)

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