Financial News: Spain GDP Growth Slows In Q1

Spain GDP Growth Slows In Q1

06/25/2026 - 05:08:00 (RTTNews)

(RTTNews) - Spain's economic growth softened, as estimated, in the first quarter, final data from the statistical office INE showed Thursday.

Gross domestic product grew 0.6 percent from the fourth quarter, in line with the estimate published on April 30. This was slower than the 0.8 percent expansion seen in the previous quarter.

Domestic demand contributed 0.5 percentage points to GDP growth and external demand provided 0.1 percentage points.

Household consumption expenditure gained 0.6 percent and government consumption climbed 0.5 percent. At the same time, gross fixed capital formation edged up only 0.1 percent.

Exports of goods and services decreased 0.6 percent and imports dropped 1.0 percent. On a yearly basis, GDP growth improved marginally to 2.7 percent, as initially estimated, from 2.6 percent in the fourth quarter.

Further, data showed that full time employment increased 2.8 percent in the first quarter from the last year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Dip Less Than Expected (02 hr(s), 43 min(s), 46 sec(s) ago)
(RTTNews) - Crude oil inventories in the U.S. decreased by less than expected in the week ended Ju ...Full Story»

New York Manufacturing Activity Picks Up Considerably In July (02 hr(s), 52 min(s), 46 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Wednesday showed regional ...Full Story»

Bank Of Canada Holds Interest Rates Steady (02 hr(s), 57 min(s), 46 sec(s) ago)
(RTTNews) - The Bank of Canada on Wednesday announced its widely expected decision to once again l ...Full Story»

U.S. Producer Prices Dip More Than Expected In June As Energy Prices Plunge (03 hr(s), 21 min(s), 46 sec(s) ago)
(RTTNews) - Producer prices in the U.S. decreased by more than expected in the month of June, acco ...Full Story»

Croatia Inflation Confirmed At 4-month Low (03 hr(s), 44 min(s), 46 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia moderated further in June to the lowest level in f ...Full Story»

New York Manufacturing Index Jumps Much More Than Expected In July (04 hr(s), 38 min(s), 46 sec(s) ago)
(RTTNews) - A report released by the Federal Reserve Bank of New York on Wednesday showed regional ...Full Story»

U.S. Producer Prices Dip More Than Expected In June (04 hr(s), 44 min(s), 46 sec(s) ago)
(RTTNews) - Producer prices in the U.S. decreased by more than expected in the month of June, acco ...Full Story»

Irish Trade Surplus Shrinks Sharply In May (05 hr(s), 26 min(s), 46 sec(s) ago)
(RTTNews) - Ireland's foreign trade surplus decreased markedly in May from a year ago as expor ...Full Story»