Rafael Domenech

economist (Grupo BBVA; Universidad de València)

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Jun 11
Spain's inflation hits 3.8% as Iran war shock ripples through economy, BBVA Research warns
BBVA Research forecasts Spanish inflation will jump to 3.8% in 2026, the highest rate since 2008 excluding the 2022 energy crisis, driven by the conflict in Iran. GDP growth is maintained at 2.4% for this year but is expected to slow to 2.1% in 2027.