Home Business news France’s economy records fastest growth in 52 years – business live

France’s economy records fastest growth in 52 years – business live

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Rolling coverage of the latest economic and financial news

Spain’s economy has also beaten expectations.

Spanish GDP grew by 2% in the last quarter of 2021, rather better than the 1.4% growth which was expected.

Over the course of 2021, output expanded by 5% after a historic 10.8% slump the previous year, the National Statistics Institute (INE) data showed, marking the fastest growth since 2000 but undershooting the government’s 6.5% target.

Continue reading…Rolling coverage of the latest economic and financial newsFrench GDP grew 7% last year as economy recovered from 2020 slumpBoost for Macron as presidental elections loomComing up: German and Spanish GDPApple beats estimates with all-time record revenueTreasury unease over fears of No 10 U-turn on national insurance hikeSpain’s economy has also beaten expectations.Spanish GDP grew by 2% in the last quarter of 2021, rather better than the 1.4% growth which was expected. Over the course of 2021, output expanded by 5% after a historic 10.8% slump the previous year, the National Statistics Institute (INE) data showed, marking the fastest growth since 2000 but undershooting the government’s 6.5% target. Continue reading…