Spain's economy grew more than expected in the third quarter on household spending, advance estimate from the statistical office INE showed Friday.
Gross domestic product expanded 0.3 percent sequentially, following second quarter's revised 0.4 percent expansion. The growth rate was seen at 0.2 percent.
On a yearly basis, economic growth eased to 1.8 percent from 2.0 percent a quarter ago. Nonetheless, this was better than the expected 1.6 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.