CaixaBank Research estimates that the Spanish economy will record growth of 2% in 2027, after the 2.6% with which it expects it to finish this year. These figures are above those for the eurozone, where gross domestic product (GDP) would increase by 1% over 2024 as a whole and by 1.6% in 2027.
The forecasts were presented this Monday at a press conference in which the chief economist of CaixaBank Research, Enric Fernández; the Director of Spanish Economy of CaixaBank Research, Oriol Aspachs; the economists of CaixaBank Research and authors of the report, David M. Turégano, Oriol Carreras and Adrià Morron, took part, as well as the economist of CaixaBank Research and coordinator of the report, Javier G. Arenas.
Fernández has pointed out that, in the next fiscal year, the Spanish economy will continue to show resilience, although the rate of expansion will be more moderate than this year’s due to “headwinds” such as higher interest rates and a lower contribution from some factors that have driven growth in 2024.
(((THERE WILL BE AN EXPANSION)))