Spain's economy to grow by 2.5 per cent this year but face 2027 inflation slowdown - Sur in English

Despite the war in Iran, Spain's economy will grow at more than double the Eurozone average in 2026. A cloud is hanging over the ... coming financial year, however, According to the most recent IMF forecast, Spain's GDP is 0.1% below the Bank of Spain's forecast for this year. In addition, it predicts a growth slowdown in 2027, with an increase of just 1.8%, although this will still be higher than the 1.2% recorded in the eurozone, due to soaring inflation. During the first half of the year, Spanish GDP maintained "steady momentum", which, alongside Ireland's economic recovery, led to a rebound in Eurozone activity and an improvement in the IMF's forecast for this year. Bank of Spain raises inflation forecast to 3.