Spain’s public deficit, minus town halls, 1.34pc of GDP to May

Fawad Maqsood July 30, 2019

Spain’s public deficit, including the central government, social security system and regions, but not including town halls, was 1.34% of gross domestic product in the first five months of the year, the budget ministry said on Tuesday.

The number came in above the 0.57% published a month earlier for January-April.

Spain’s public deficit target for 2019 is 2.4%, as per goals set by the Bank of Spain in June.

Copyright Reuters, 2019

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