US EditionOECD Hit on Sánchez: Lowers Its Economic Forecasts for Spain in 2025 and 2026
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According to this report, only 2% of respondents consider that economic growth could exceed 3%, while 22% are more pessimistic and estimate that it will be below 2%. For the analysts consulted, the main driver of this growth will be tourism, indicated by 40% of the participants, followed by household consumption, with 24% of responses. Public investment (23%) also appears as a relevant lever, followed by private investment with more than 12%, wh…
The Organisation for Economic Cooperation and Development (OECD) has revised its growth forecast for Spain by 2025 and 2026 by 2.4 per cent and 1.9 per cent, respectively, downwards.
The OECD takes a hard blow to Sánchez and reduces in his last report his economic forecasts for Spain both in 2025 and in 2026.
The OECD has reduced its projection of growth in Spanish gross domestic product (GDP) to 2.4 per cent in 2025, two tenths less than in its previous forecast in March, and has also reduced by the same amount the 2026 outlook, when they expect an increase in activity of 1.9 per cent, due to international tensions and the effects linked to the trade war unleashed by the United States. The OECD report is the first international report that reduces t…
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