Spain Trims Growth Estimate for 2017 on Investment Outlook

Updated on
  • GDP rose 0.7% in second quarter, matching Bloomberg survey
  • Caretaker PM Rajoy moves to end stalemate with no clear path

Spain’s caretaker government trimmed its growth outlook for next year, citing the prospect that investment in construction and equipment will contribute less to an economy that’s been expanding since the third quarter of 2013.

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