The Bank of Spain expects fourth-quarter GDP growth to be 0.6%-0.7%, higher than the previous quarter; it also projects GDP growth of 2.9% for fiscal year 2025, higher than the previous forecast of 2.6%. Furthermore, it has revised its 2026 GDP growth forecast upward from 1.8% to 2.2%, and projects 2027 GDP growth of 1.9%, higher than the previous forecast of 1.7%.