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MAP20250012479Spain economic outlook : June 2025 / BBVA Research . — Bilbao, Spain : BBVA Research, 202514 p.Traducción de: Situación España : junio 2025. - Bilbao : BBVA Research, 2025GDP slows down, in a context of lower consumption growth, with a still important contribution from services -- Going forward, different factors will continue to support growth -- The trend toward growth moderation could consolidate. — Sumario: Recent data indicate that the slowdown may be reflecting a lower dynamism in domestic demand, particularly consumption, both public and private. Exports from the services sector continue to be one of the strongest drivers of growth, although with a declining contribution. Investment in machinery and equipment shows recent strength that is supported by the fiscal stimulus 1. Desarrollo económico. 2. Crecimiento económico. 3. Consumo. 4. Sector servicios. 5. Análisis de riesgos. 6. Política fiscal. 7. Mercado de trabajo. 8. Datos macroeconómicos. 9. España. I. BBVA Research. II. Title.