The OECD improves Spain's growth to 2.6% for 2026 but increases inflation
The agency projects a GDP of 1.8% for 2027 and places inflation at 3.7% in 2026.
Quick Look
The OECD raised Spain's growth forecast for 2026 to 2.6% and to 1.8% for 2027, while increasing inflation projections to 3.7% in 2026 and 3.4% in 2027.
AI-generated summary
Why It Matters
The OECD published its Interim Economic Outlook Report with updates on growth and inflation.
The OECD improved its latest growth forecast for Spain by four tenths - dating back to June - to 2.6% in 2026 (compared to 2.8% in 2025), while expecting the inflation projection to also increase by four tenths, to 3.7% (compared to 2.7% in 2025).
In its Interim Economic Outlook Report published this Wednesday, the OECD confirms that GDP in 2027 will slow down and grow by 1.8% (one tenth more than the OECD projection from June).
"Several European economies, particularly the United Kingdom and Spain, also saw strong domestic demand growth in the second quarter, while the recovery in exports supported the rebound in Germany," the Paris-based agency said.
The OECD also foresees general inflation for 2027 of 3.4%, five tenths more than the June forecasts. Core inflation (excludes energy and unprocessed food) will also rise more than expected in June: five tenths in 2026, to 3.4%, and three tenths in 2027, to 2.9%.
What to Watch
AI outlook — possibilities, not facts
Spain's GDP will grow by 2.6% in 2026
Likely · Within months
Open Questions
- How will inflation increases affect domestic consumption?
