Spain’s economy grew by 0.7% in the second quarter of 2025 compared to the previous three months, according to preliminary data from the national statistics agency INE.
GDP growth was 2.8% compared to the same period last year.
Analysts on average predicted an increase in the first indicator by 0.6% and the second by 2.5%, according to Trading Economics.
Consumer spending in Spain in April-June increased by 0.8% compared to the previous quarter, business investment – by 2.1%. At the same time, government spending decreased by 0.1%.
Exports of goods and services increased by 1.1%, and imports by 1.7%.
Industrial production increased by 0.8%, the services sector grew by 1.2%, and the construction industry by 1.5%.
In the first quarter, the country’s GDP grew by 0.6% quarter-on-quarter and by 2.8% year-on-year.
INE also reported that retail sales in Spain in June increased by 6.2% compared to the same month last year. This is the highest increase since January 2022.
In particular, sales of food products increased by 5.4%, and non-food products by 6.6%.
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