Yes, but the output gap continues to widen until GDP growth exceeds productivity gains until then it’s the old ‘good for stocks, bad for people’ thing
Spain emerges from 2-year recession
By Holly Ellyatt
October 29 (Bloomberg) — Spain’s economy emerged from a two-year recession in the third quarter, according to preliminary data released on Wednesday.
Spain’s gross domestic product (GDP) grew 0.1 percent in the third quarter, the data released by the country’s statistics agency showed, in line with forecasts by analysts polled by Reuters.