Spain's economy stuck in recession

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Source: RTTNews
© Scanpix/Reuters
The statistical office INE reported on Thursday that the economy of Spain remained in recession in the quarter ended September 2012, which was widely expected. The country's gross domestic product experienced ad 0.3% fall, following a 0.4% decline in the preceding quarter. Year over year, the economy contracted by 1.6%, while the previous quarter reading was minus 1.4%.
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Thu, 15 Nov 2012 15:51:57 GMT

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