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Spain's economy grew 0.7% in Q2 2021, likely to lead Eurozone despite U.S. tariffs.
Spain's economy grew by 0.7% in the second quarter of 2021, up from 0.6% in the first, driven by strong domestic demand and retail sales growth.
Despite facing higher U.S. tariffs, Spain is forecast to lead Eurozone growth, while the wider eurozone may see a slight economic contraction.
Spain's growth was partly fueled by increased U.S. tourism in 2021, though interest has since declined.
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La economía de España creció un 0,7% en el segundo trimestre de 2021, probablemente liderará la Eurozona a pesar de los aranceles de los Estados Unidos.