[#SpainEconomy](<https://spainnews.co.uk/hashtag/spaineconomy>) [#GDPGrowth](<https://spainnews.co.uk/hashtag/gdpgrowth>) [#INE](<https://spainnews.co.uk/hashtag/ine>) [#SpanishEconomy](<https://spainnews.co.uk/hashtag/spanisheconomy>) #EconomicData



# Spain's GDP growth hits 2.6% in second quarter

25 September 2026 at 09:12

> Spain's economy expanded by 0.7% in Q2, driven by a 1.2% rise in household consumption and strong domestic demand across the country.

**Spain**'s economy expanded by 0.7% in the **second quarter**, according to final data from the **INE**. This figure is one tenth higher than the previous quarter and confirms the advance estimate from July. Year-on-year GDP growth has now reached a rate of 2.6%.

Domestic demand drove the increase, with household consumption rising by 1.2%, a jump of nine tenths over the prior period. Gross fixed capital formation grew by 1.4%, up four tenths from the first quarter, while the construction sector recorded 1% growth.

The results mark twelve consecutive quarters of growth at or above 0.5%. Both the **Spanish Government** and the **OECD** forecast 2.6% growth for the full year, despite rising oil prices. This sustained performance underscores the current resilience of the economy.



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