The Spanish economy is projected to experience moderated growth rates of 2.4% in 2025 and 2.2% in 2026, approaching pre-pandemic levels, primarily driven by robust tourism and the service sector. However, concerns persist among economists, with over half forecasting a potential economic downturn in the next six months, influenced by high fiscal pressure and labor costs. Despite anticipated GDP leadership in the Eurozone from 2025 to 2027, the domestic economic sentiment remains cautious. A significant proportion of economists view recent reforms and taxation in strategic sectors like banking and energy as detrimental to competitiveness. Currently, 74% identify tax pressure as a primary competitiveness hurdle. A notable vulnerability is perceived among consumers, with 23% citing low income as a pressing issue. These indicators reflect underlying challenges in the Spanish economy despite its projected recovery trajectory.

The Brent opened with virtually no change, at a price of 75.96 dollars per barrel. The gold opened the session with virtually no change, at a price of 2678.9 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4983.16 points. The DAX 30 started the session with virtually no change, in 20272.57 points, the FTSE 100 started the session with virtually no change, at 8293.14 points, and the EURONEXT 100 started the session with virtually no change, at 1479.48 points.

Throughout the day the following indicators will be published: the Trade Balance of Germany in November.

The IBEX opened with virtually no change, at 11847.1 points. The best performers at the beginning of the day have been REPSOL (+2.586 %), MERLIN PROPERTIES (+2.408 %) and CAIXABANK with a change of (+2.394 %) on its values respectively. The worst performers at the beginning of the day have been LABORATORIOS ROVI (-2.405 %), GRIFOLS (-1.359 %) and ACERINOX with a change of (-0.666 %) on its values respectively.