World Economy

Spain to Match 2016 GDP

Spain to Match 2016 GDPSpain to Match 2016 GDP

Spain’s economy minister has said GDP there is on track to grow this year almost as much as it did in 2016–which was 3.2% from a year earlier, Euronews reported. In a radio interview Luis de Guindos said he based that on “signs of acceleration”

in the economy in the first half of the year–including exports, investment and consumption. In April the Madrid government raised its official forecast for this year to 2.7% growth from 2.5%. De Guindos said the challenge is to maintain growth in the next four to five years.

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