FX.co ★ Spanish GDP Growth Slows to 0.6% in Q1 2025

Spain's economic momentum slightly cooled in the first quarter of 2025, with the GDP growth rate slowing to 0.6% from the previous quarter's 0.7%, according to the latest data updated on June 25, 2025. This marginal decrease reflects a moderate dip in the pace of economic expansion as compared to the last quarter of 2024.

The quarter-over-quarter comparison highlights a sluggish start to the new year for Spain's economy. While the GDP managed to maintain positive growth, the decline from 0.7% to 0.6% suggests potential headwinds that might be affecting sectors within the economy. Analysts are keeping a close eye on factors such as inflation, consumer spending, and external trade dynamics that could be influencing this downward adjustment in growth.

As Spain navigates through 2025, economic stakeholders will be evaluating whether this slowdown is a temporary blip or indicative of broader economic challenges. Future quarterly data releases will be crucial in assessing the underlying health of the Spanish economy and in shaping fiscal and monetary policy responses accordingly.