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Spain's economy grew 0.8% in Q2 2025, with unemployment at a 17-year low and GDP forecast raised.
Spain’s economy grew 0.8% in the second quarter of 2025, up from the initial 0.7% estimate, with annual growth revised to 3.1% from 2.8%, according to the National Statistics Institute.
The expansion, driven by domestic demand and services, outpaced the euro zone’s 0.1% growth, with Germany and Italy contracting.
Unemployment fell to 10.29%, the lowest since 2008.
The government raised its 2025 GDP forecast to 2.7%.
Household spending, government spending, and investment all increased, while exports rose and imports grew faster.
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La economía de España creció un 0,8% en el segundo trimestre de 2025, con el desempleo en su nivel más bajo en 17 años y el pronóstico de PIB aumentado.