Friday 14 August 2020
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vanguardngr - 14 days ago

Spain plunges into recession as GDP tumbles by 18.5%

Spain plunged into recession in the second quarter after its gross domestic product tumbled by 18.5 per cent due to the coronavirus pandemic, official figures showed on Friday. Spain which plunged into recession in the first quarter recorded growth fallen by 5.2 per cent, the Institute of National Statistics said (INE). A recession is commonly
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