IBEX
🇪🇸 Spain’s economy grew by 3.2% in 2024, leading the Eurozone with a 0.8% increase in the fourth quarter.
📈 Strong domestic demand, household consumption, and business investment drive this growth.
✈️ Tourism plays a key role, reaching record levels and significantly contributing to the GDP.
⚠️ Inflation and European Central Bank policies could influence the country’s future economic performance.
@ElClubDeInversion:
“The Spanish economy has registered a notable growth of 3.2% in 2024, surpassing the government’s initial forecasts of 2.7%. This advance has been driven by strong domestic demand, with household consumption and business investment as the main drivers. Tourism has also played a key role, reaching record levels and contributing significantly to the GDP. This growth places Spain among the main drivers within the Eurozone. In the fourth quarter of 2024, the Spanish GDP grew by 0.8%, maintaining the rhythm of previous quarters. These data influence the growth of the Spanish stock exchange, the IBEX 35. However, the maximums of 2007 have not yet been reached, and it is too early to know if Spain could be an interesting area to find good long-term investment opportunities. Although the growth is solid, factors such as inflation and the monetary policies of the European Central Bank could influence the country’s economic future.”
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