Spain economic outlook : June 2025

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      <subfield code="a">Spain economic outlook</subfield>
      <subfield code="b">: June 2025</subfield>
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      <subfield code="a">Bilbao, Spain</subfield>
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      <subfield code="a">GDP 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</subfield>
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      <subfield code="a">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 </subfield>
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      <subfield code="a">Desarrollo económico</subfield>
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      <subfield code="a">Crecimiento económico</subfield>
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      <subfield code="a">Sector servicios</subfield>
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      <subfield code="a">Mercado de trabajo</subfield>
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      <subfield code="t">Situación España : junio 2025</subfield>
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