Spain's economic momentum improved signficantly

Spain Q4 preliminary GDP +0.6% vs +0.2% QoQ expected

- Spain Q4 preliminary GDP +2.0% YoY vs +1.5%YoY expected

Spanish CPI (Y/Y) Jan P: 3.4% (est 3.0%; prev 3.1%)

- CPI (M/M) Jan P: 0.1% (est -0.2%; prev 0.0%)

- CPI Core (Y/Y) Jan P: 3.6% (est 3.3%; prev 3.8%)

06:30 am GMT publication:

- French Consumer Spending (M/M) Dec: 0.3% (est 0.0%; prev R 0.6%)

- Consumer Spending (Y/Y): 1.3% (est 1.1%; prev R -1.0%)

- French GDP (Q/Q) Q4 P: 0.0% (est 0.0%; prev R 0.0%)

- GDP (Y/Y): 0.7% (est 0.7%; prev 0.6%)

Overall, data from Spain and France point to recovery/stagnation in the European Union economies. Consumer activity is performing better than expectations (France), which is also followed by inflation increases in Spain. The euro appreciated against the U.S. dollar immediately after the publication of data from Spain.

Source: xStation

15 July 2026, 8:48 AM

Economic calendar: Wednesday brings big Q2 earnings and PPI inflation (15.07.2026)

15 July 2026, 7:25 AM

Morning Wrap: What’s next with the Strait of Hormuz, inflation and US interest rates? (15.07.2026)

14 July 2026, 4:10 PM

Fed Chair Kevin Warsh’s Q&A from Congress Testimony: Inflation stability is a key

14 July 2026, 3:02 PM

Dollar sells-off following first US price drop in six years

Economic reports

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