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 Spain Recession to Worsen in Q2 - C.bank

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PostSubject: Spain Recession to Worsen in Q2 - C.bank   Spain Recession to Worsen in Q2 - C.bank Icon_minitimeWed Jun 27, 2012 10:37 am

Spain Recession to Worsen in Q2 - C.bank


Spain's economic indicators suggest that economy will contract at a faster rate in the Q2 than Q1 said C bank
The economy shrunk by 0.3 pct in the Q1 as Spain fell back into recession for the first time in three years.
Spain's private consumption had fallen at a steeper rate in the Q2 than Q1 while retail sales and car purchases had also shrunk at a faster clip



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