Directorate General Economics. Macroeconomic projections for Spain. Third quarter of 2026
The Neural Herald summary, AI-generated
Notice on the use of AI. In compliance with Article 50(4) of Regulation (EU) 2024/1689 on Artificial Intelligence (AI Act), we disclose that the summaries, explanations and translations published by The Neural Herald are generated with artificial intelligence and published without prior human review. The linked official documents belong to each body and were not generated by our AI. Our summaries may contain errors: always check the original document.
Presentation by the Director General of Economics, David López Salido, of Spain's macroeconomic projections for the third quarter of 2026. The war and higher energy prices raise uncertainty, but activity is holding up: indicators point to GDP growth of around 0.6% quarter on quarter in Q3, and 2026 growth is revised up.
Key points
- Oil and gas prices rebounded in summer and are more persistent than expected in June; refining margins are up.
- Extending the energy support measures lowers 2026 inflation and raises the public deficit.
- Alternative scenarios are presented given the high uncertainty.
Who is affected
Households, firms and public finances; a reference for investors.
Plain-language version
The Bank of Spain, which studies the country's economy, thinks Spain keeps growing despite the war and higher energy prices: it estimates 0.6% growth in the third quarter and raises its forecast for 2026. Energy support lowers inflation a little this year, but widens the gap between what the state spends and what it takes in.
Read the original document →
Prompt for your AICopies a ready-to-paste prompt for ChatGPT, Claude or Gemini: it asks the model to read the official document and not to make anything up.
Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
More from Bank of Spain
- 12 November 2026ECB Economic Bulletin. Issue 7/2026
- 12 November 2026The Banco de España Blog turns 100. What changes now with AI?
- 11 November 2026Statistical Bulletin. October 2026
- 10 November 2026Governor. ICMB. Europe in the new geopolitical landscape
- 10 November 2026Circular 1/2026 of 21 October
- 6 November 2026Occasional Papers. Perspectives on Iberian Economic Integration