Spain’s Economy: Cautious Optimism Amid Rising Consumer Confidence

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Almost every organization authorized to project economic trends has nudged its Spain growth outlook upward in recent months. Warebridge recently updated its assessment on Wednesday, focusing on consumer sentiment, and the findings show confidence in Spain’s trajectory is rising at a pace not seen in years, nearly matching levels observed in 2019. Yet, despite brighter headlines, households remain cautious about spending. Inflation continues to bite, and that restraint is evident across many households and markets.

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