The Spanish economy is projected to experience moderated growth, with the United Nations forecasting expansion rates of 2.4% in 2025 and a slight dip to 2.2% in 2026. This growth is primarily supported by the strength in the tourism sector and services. However, there is a notable concern among economists regarding future economic performance. According to a survey conducted by the Consejo General de Economistas, over half of the respondents foresee a potential downturn within the next six months, with only 16.7% predicting an improvement. Challenges such as high fiscal pressure and labor costs are perceived as significant hindrances to competitiveness, as are recent reforms and taxes in strategic sectors like banking and energy. Despite these concerns, a credit rating agency anticipates Spain will lead GDP growth in the eurozone from 2025 to 2027, indicating a complex landscape of cautious optimism mixed with apprehension about structural challenges.
The Brent is finishing the session with an increase of 1.34%, to reach the 77.06 dollars per barrel. The gold finished the session with an increase of 0.27%, quoting at 2688.0 dollars per ounce. Now, regarding equity, the EURO STOXX 50 at the end of the session gained 0.58 %, reaching 5017.64 points. the DAX ended the session gaining 0.09 % reaching 20318.81 points, the FTSE 100 finished with gains of 0.17 %, reaching 8315.56 points, and the EURONEXT 100 by the end of the day gained 0.47 %, reaching 1487.97 points.
The data of the following indicators was not published: the Trade Balance of Germany in November.
The IBEX closed the session with an increase of 0.4 % to reach the 11902.2 points. The best performers of the day have been BANKINTER with a (+3.033 %), FLUIDRA with a (+2.536 %) and UNICAJA with an change of (+2.134%) on its values respectively. The worst performers of the day have been GRIFOLS with a (-1.805 %), MERLIN PROPERTIES with a (-1.038 %) and ACERINOX with a change of (-0.926 %) on its values respectively.