Final quarter brings more pain for Spain
(01-30 16:31)
Spain's economy contracted by 1.37 percent in 2012, the INE national statistics instute said in its first estimate, slightly better than the government's forecast of a 1.5 percent drop.
However gross domestic product contracted by 0.7 percent in October through December, the sharpest fall since the second quarter of 2009, AFP reports.
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