The growth was in line with the forecasts of the National Institute of Statisticsbut it was slightly lower than what the Banque de France expected (+0.25%).
Meanwhile, the inflation recorded an acceleration in October to 6.2% due to rising energy pricesthe feeding and the manufactured products.
This level of price rise not registered since June 1985.
France this month went through a refinery strike of the French energy group TotalEnergies for the lack of an agreement on a salary increase with the CGT union, which generated a shortage of service stations.
In the case of Spain, the economy grew by 0.2% in the third quarter of the yearin a context of marked deterioration of the world economy, according to the provisional estimate published on Friday by the National Institute of Statistics (INE).
This result represents a clear decrease compared to the 1.5% growth achieved in the second quarter. However, it is slightly higher than the forecast of the Bank of Spainwhich expected a growth of the Gross Domestic Product (GDP) of 0.1%.
The inflation moderated for the third consecutive month in October to reach the 7.3% year-on-yearthanks to drop in energy pricesaccording to a first estimate published this Friday by the National Institute of Statistics (INE).
This figure is 1.6 points lower than the level of the month of September (8.9%) and 3.5 points lower than that registered in July (10.8%)which was a record that had not been reached for almost 38 years, according to the Spanish public body.
Earlier this month, the government of Pedro Sánchez announced a new plan for 3,000 million euros ($2.9 billion) to help citizens deal with escalating energy pricesincluding a regulated rate for homes with a centralized gas boiler.
Since the outbreak of the Russian invasion of Ukraine, the energy prices They skyrocketed internationally, but with the sanctions that the West wanted to apply to the Eurasian giant, the possibility of facing energy shortages was added, particularly during the winter. Many countries have implemented measures to reduce the impact of the cost of services on users while simultaneously promoting energy saving policies.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
