The Spanish Gross Domestic Product (GDP) showed a growth of 0.6% intertrmetral Between January and March 2025, below 0.7% of the fourth quarter of 2024, as published by the National Statistics Institute (INE). The figure has been in line with the market expectation, but shows the most moderate rise in the Spanish economy since the second quarter of 2023.
At the year -on -year level, GDP has grown 2.8% in the first three months of the year, below the previous 3.3%. The data has complied with forecasts, placing Spanish economic growth in its lowest Nivl in one year.
Euro reaction
The euro has reacted down after the publication, sliding to minimums of the day in 1,1599 against the dollar. At the time of writing, the EUR/USD quotes about 1,1603, losing a slight 0.05% in the day. Despite the setback, the single currency stands firm after having reached a maximum of three and a half years in 1,1642.
Economic indicator
Gross Domestic Product (QOQ)
The GDP published by the National Statistics Institute It is an estimate of the total value of the goods and services produced in Spain. GDP is considered a measure of global economic activity and indicates the growth rate of the economy of a country. A reading superior to expectations is bullish for the euro, while a lower reading is bassist.
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Last publication: MIÉ JUN 25, 2025 07:00
Frequency: Quarterly
Current: 0.6%
Dear: 0.6%
Previous: 0.8%
Fountain: INE
Why is it important for operators?
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
