Bank of Spain: Spain's slowdown to intensify in Q2

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Source: Reuters
The economy of Spain is likely to slump at faster pace this quarter, according to the Bank of Spain. Spain's GPD contracted by 0.3% in Q1 of 2012 on a quarterly basis and taken falling domestic consumption, lower retail and car sales the economy is expected to shrink further in Q2, the bank added.


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Wed, 27 Jun 2012 15:12:20 GMT

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