Spain’s economy has outperformed expectations with robust GDP growth, showcasing a 3.5% year-over-year increase, surpassing the anticipated 3.2% and tripling the eurozone’s growth rate. Notably, the economic expansion is attributed largely to strong domestic consumption and substantial private investment. In 2024, domestic demand contributed 2.8 percentage points, exceeding the previous year’s contribution by 1.1 points, although external demand growth has slightly weakened. The final quarter of 2024 saw a consistent 0.8% GDP rise, maintaining momentum from the previous quarters. Predictions from the Spanish Chamber of Commerce and economists suggest continued growth, with GDP expected to exceed 2% in 2025. This sustained economic performance underscores the resilience of Spain’s economic framework, bolstered by effective policy and active market players. Overall, Spain’s economic trajectory remains positive, demonstrating significant resilience and strong fundamental drivers amid a challenging global environment.

The Brent reached mid-day with losses of (-0.16 %), going down to 75.84 dollars per barrel. The gold until mid-day has had a decrease of (-0.13 %), diminishing its price to 2767.0 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.16 % until mid-day, reaching 5233.82 points. The DAX 30, with a 0.47 % gained until mid-day, is reaching 21583.87 points, the FTSE 100 has been going up 0.32 % until mid-day, reaching 8559.57 points, and the EURONEXT 100 has been losing (-0.09 %) until mid-day, going back to 1522.82 points.

In addition, during the day the following indicators will be published: the GDP (QoQ) of Spain in Q4.

Up until mid-day, the IBEX has got an increase of 0.44 % to reach the 12272.5 points. The best performers until the mid-day have been UNICAJA (+1.383 %), BANKINTER (+1.013 %) and MAPFRE with an change of (+0.977 %) on its values respectively. The worst performers until the mid-day have been AENA (-0.489 %), AMADEUS (-0.401 %) and FERROVIAL with a change of (-0.385 %) on its values respectively.