Basque country out of recession grow 0.2% in the last quarter of 2009
12 d efebrero of 2010
The annual variation in GDP in the Basque country has positioned itself at - 2.5% over the same quarter of the previous year. The Basque Institute of statistics indicates that this is moderating the negative growth and be personal "a change of trend" from the annual minimum marked in the third quarter of 2009 (- 4.1%). Annual rate the Spanish economy has fallen by 3.1%.
In the whole of the year 2009, it is estimated that the real fall of Basque GDP is of - 3.3%. The turnaround in the last quarter of last year resulted in a better relative performance of the industrial sector, a more moderate contraction of construction and a better evolution of market services. This "slight recovery" has been joined a "light" creation of employment over the three previous months, explained Eustat.
