MADRID, June 29 (Xinhua) -- The Spanish government on Monday raised its growth forecast for 2026 to 2.6 percent of GDP from 2.2 percent predicted in November.
Spain's Economy Minister Carlos Cuarpo presented the data on Monday in a press conference.
The positive outlook came despite economic uncertainties triggered by the conflict in the Middle East and continued doubts over tariffs imposed by the U.S. side.
The forecast coincided with that of the European Commission, although it was 0.2 percentage points higher than a prediction of 2.4 percent growth made by BBVA Research at the start of June.
The BBVA report praised the "resilience" of the Spanish economy and the "dynamism" of the service sector, although it warned that energy prices could still act as a brake on growth.
Meanwhile, the Spanish Statistical Office (INE) said in a flash estimate on Monday that the inflation rate in June remained at 3.2 percent, the same as in April and May, partly due to a drop in fuel prices. ■