Spain's Q1 GDP quarterly growth confirmed at 0.6%
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A view shows the skyline over Madrid, Spain, June 13, 2023. REUTERS/Violeta Santos Moura
June 25 (Reuters) - Spain's gross domestic product grew 0.6% in the first quarter of 2026, below the 0.8% growth in the previous quarter, the country's National Statistics Institute (INE) said on Thursday, confirming both the expectations of analysts polled by Reuters and the preliminary data.
On an annual basis, Spain's first-quarter economic output expanded by 2.7%, also confirming INE's preliminary reading and the analysts expectations.
The Bank of Spain said last week that it expects GDP to grow 0.5%-0.6% in the second quarter from the previous three months and kept the 2026 GDP growth forecast at 2.3% and at 1.7% for 2027.
(Reporting by Gemma Guasch, Editing by Javi West Larrañaga)
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