Spain's gross domestic product grew 0.6% in the first quarter, National Statistics Institute (INE) said on Friday, as it revised its April estimate of a 0.5% growth.

Spanish GDP in the first three months of 2023 grew 4.2% from the same period a year ago, INE said, up from its previous estimate of 3.8%.

The Bank of Spain expects the country's economy grew 0.6% in the second quarter and will expand 2.3% in 2023 overall, a faster pace than the 1.6% forecast three months ago. (Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)