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MNI BRIEF: BoS Revises 25’ CPI Up To 2.5%, 26’ Unchanged

MNI (LONDON) - The Bank of Spain has revised up its 2025 domestic inflation projection for the country to 2.5% (up from 2.1%) due to higher energy prices and has kept unchanged its projection for 2026 and 2027 with prices at 1.7% and 2.4%, respectively. 

The national bank has also revised growth up to 2.7% (0.2pp higher) for this year while also keeping it unchanged for the next two years at 1.9% and 1.7%. Internal demand boosted growth more than expected in Q4 2024 and Q1, but it should moderate in the coming quarters, the projections show.

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MNI (LONDON) - The Bank of Spain has revised up its 2025 domestic inflation projection for the country to 2.5% (up from 2.1%) due to higher energy prices and has kept unchanged its projection for 2026 and 2027 with prices at 1.7% and 2.4%, respectively. 

The national bank has also revised growth up to 2.7% (0.2pp higher) for this year while also keeping it unchanged for the next two years at 1.9% and 1.7%. Internal demand boosted growth more than expected in Q4 2024 and Q1, but it should moderate in the coming quarters, the projections show.

Keep reading...Show less