The Organization for Economic Cooperation and Development (OECD) forecasts that Spain’s economy will experience growth above the averages of other major European economies and the Eurozone. This growth is primarily driven by a booming tourism sector. The OECD has raised its growth projection for this year by one point, and by two-tenths for the next year, outpacing both the Eurozone and the US. The Spanish GDP is expected to advance at a higher rate than the forecast made in May. However, the report also warned of high regulatory barriers in services. Lastly, the OECD stated that the Spanish inflation rate will be 3% in 2024, higher than the Eurozone average, but should align with the average rate of 2.1% by 2025.

The Brent reached mid-day with losses of (-0.18 %), going down to 74.07 dollars per barrel. The gold until mid-day has had an increase of 0.1 %, quoting at 2680.4 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.32 % until mid-day, reaching 4921.16 points. The DAX 30, with a 0.31 % gained until mid-day, is reaching 18904.88 points, the FTSE 100 has been going up 0.59 % until mid-day, reaching 8298.68 points, and the EURONEXT 100 has been gaining 0.27 % until mid-day, reaching 1483.65 points.

Throughout the day the following indicators indicators for Europe have been published: the Producer price index (YoY) of Spain in August (-1.3%). In addition, during the day the following indicators will be published: the Consumer Confidence of France in September.

Up until mid-day, the IBEX has got an increase of 0.48 % to reach the 11838.8 points. The best performers until the mid-day have been CAIXABANK (+1.772 %), BANKINTER (+1.491 %) and IAG GROUP with an change of (+1.315 %) on its values respectively. The worst performers until the mid-day have been ACCIONA ENERGIA (-1.06 %), ACERINOX (-0.998 %) and ENDESA with a change of (-0.33 %) on its values respectively.