The first estimate published by Eurostat on January 30, 2026, indicates that the Eurozone registered 1.5% growth in 2025, surpassing the average forecasts of Bloomberg economists (1.4%) and the European Commission projection (1.3%). This result, although slight, represents continued recovery after 0.4% in 2023 and 0.9% in 2024.
The GDP of the single currency countries increased by 0.3% in the fourth quarter of 2025 compared to the previous quarter. Although major European economies, such as France (1.1%), Italy (0.8%), and Germany (0.4%), show modest growth, the recovery of Germany, the largest European economy, is positive news after two years of recession.
Spain positioned itself at the forefront of the major European countries with GDP growth of 2.8% for the whole of 2025, according to provisional estimates from the INE. This momentum was mainly driven by household consumption, tourism, and the strong increase in non-tourist service exports, such as finance, transport, engineering, and technology.
“"It is a week of statistical news and data to be satisfied with as Minister of Economy."
Regarding prices, the advanced CPI for January 2026 in Spain moderated to 2.4%, the lowest level since the previous June. This drop is explained by the reduction in fuel prices and the containment of electricity costs. However, core inflation remained stable at 2.6% for the third consecutive month.
