The Banco De españa Raises Its Growth Forecast for This Year to 2.6% Due to the Strength of Investment and Consumption

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The Banco de España has raised its forecast growth of Gross Domestic Product (GDP) to 2.6% in 2025. Driven by the pull of private consumption and investment, the Bank's...

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Spanish government adjusts its economic outlook, anticipating stronger growth than expected for next year Spanish Minister of Economy Carlos Cuerpo announced on Tuesday

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The entity blames the improvement of two tenths to the best performance of the economy in the second trimester, driven by private consumption and investment

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More growth, more inflation, a labour market that will continue to be dynamic, a contained deficit, although both the unemployment rate and the debt on GDP will still remain high at the end of the year, above 10% and 100%, respectively.The Banco de España (BdE) has improved its forecasts for the national economy, raising the growth forecast this year to 2.6 per cent, two tenths above what it had calculated in June, despite the context of uncerta…

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Bankinter Market Consensus The Banco de España (BdE) revised on Tuesday the projections of GDP to +2.6% a/a for 2025 upwards (+0.2pp) and kept at +1.8% a/a 2026 and +1.7% a/a by 2027. The review took place before a recent behavior in 2Q 2025 "more favorable than expected, driven by the Internal Demand, in particular the Private Consumption and Investment. Despite this, it contemplates a "gradual slowing of the paces of advance" of the GDP towar…

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Rome, 16 Sep. (askanews) - Spanish Minister of Economy Carlos Cuerpo has revised upwards the GDP growth forecasts of the Iberian Country for 2025, bringing them to 2.7%, compared to the previous 2.6%. "In summary, this update of the macroeconomic framework confirms the solidity of our economy. In the light of the latest data, we review upwards our growth forecasts for 2025, to 2.7%. Once again, in 2025, Spain will be the fastest-growing advanced…