Bank of Spain Forecasts 0.6 Percent First Quarter Growth
The Bank of Spain expects the economy to grow by up to 0.6 percent in the first quarter. Officials raised the 2026 annual growth forecast to 2.3 percent today.
Xurve View
Xurve View
The economy of Spain likely expanded by 0.5% to 0.6% during the first quarter of 2026, according to a report released by the central bank on Friday. While this growth rate outpaces other major euro zone economies, it represents a moderate slowdown from the 0.8% expansion recorded in the fourth quarter of 2025. The central bank has increased its baseline full-year growth outlook for 2026 to 2.3%, up from a previous estimate of 2.2%, following a 2.8% growth rate in 2025. The updated figures account for the economic consequences of the ongoing conflict in Iran.
