PwC Survey: Spain Growth to Slow to 2.4%, Inflation Seen Structural

PwC experts forecast Spanish GDP growth to decelerate to 2.4% this year, with a majority (52%) viewing current inflation as the start of structurally higher inflation that the ECB will struggle to resolve. This signals a stagflationary tilt for the eurozone's fourth-largest economy, potentially complicating ECB policy normalization.

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