Spain's economic growth improved in the second quarter driven by robust domestic demand, flash data from the statistical office INE showed on Tuesday.
Gross domestic product expanded 0.7 percent sequentially after rising 0.6 percent in the prior period.
At the same time, annual GDP growth held steady at 2.8 percent in the second quarter.
On the expenditure-side, household consumption advanced 0.8 percent, while government spending was down 0.1 percent. Gross capital formation logged a quarterly growth of 2.1 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.