Bank of Spain15 October 2026Nota de prensa

The Bank of Spain discusses its macroeconomic projections with social partners and the academic community in Valladolid

The Neural Herald summary, AI-generated

Director General of Economics David López Salido presented the Bank of Spain's projections at the University of Valladolid: GDP will grow by 2.6% in 2026 and 2.2% in 2027, 0.3 and 0.5 points more than in June. Inflation would stand at 3.9% and 3.7%, 0.3 and 1.1 points above the June forecast.

Key points

Growth is driven by private consumption, employment and population growth, despite higher energy prices.
He also presented BELab, the granular data laboratory for researchers.

Who is affected

Firms, households, analysts and economic policymakers.

Plain-language version

The Bank of Spain expects Spain's economy to grow 2.6% in 2026 and 2.2% in 2027, more than it forecast in June. But it has also raised its inflation forecast, meaning how fast prices rise, to 3.9% and 3.7%. In short: more activity and jobs, but the cost of living will keep climbing.

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The Bank of Spain discusses its macroeconomic projections with social partners and the academic community in Valladolid

Key points

Who is affected

Plain-language version

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