Indicators
Spanish Economy Stays Strong But Blackout Clouds Outlook
A dark store during the power blackout in Madrid.
Photographer: Clive Brunskill/Getty Images
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Spain’s consumer-led economy posted another strong quarter of expansion, but a massive blackout this week is likely to take a toll on growth.
Growth domestic product rose 0.6% from the previous three months between January and March, data Tuesday showed. That’s just short of the fourth quarter’s 0.7% advance — the same increase that analysts surveyed by Bloomberg had anticipated.