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Spanish GDP higher than expected 📌

9:26 AM 29 January 2025

08:00 AM GMT, Spain - GDP data:

  • Spanish GDP (Q4): actual 3.5% YoY; forecast 3.2% YoY; previous 3.3% YoY;
  • Spanish GDP (Q4): actual 0.8% QoQ; forecast 0.6% QoQ; previous 0.8% QoQ;

The EURUSD pair remains muted following the publication. While market reaction has been limited, the Spanish economy performed notably stronger than expected.

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