Spain's economy grew 0.8% in Q4 2025, with inflation falling to 2.4% in January 2026.

Spain's economy grew 0.8% in the fourth quarter of 2025, exceeding forecasts, driven by strong household spending and investment, with full-year 2025 growth at 2.8%. In January 2026, inflation slowed to 2.4% year-on-year, down from 2.9% in December, though core inflation remained steady at 2.6%, indicating persistent price pressures despite a monthly price drop.