{"id":13793,"date":"2025-02-12T10:13:51","date_gmt":"2025-02-12T09:13:51","guid":{"rendered":"http:\/\/webecpol.esade.edu\/?post_type=publicaciones&#038;p=13793"},"modified":"2026-09-16T16:52:31","modified_gmt":"2026-09-16T14:52:31","slug":"realtimemacro-february-2025","status":"publish","type":"publicaciones","link":"http:\/\/webecpol.esade.edu\/en\/publications\/realtimemacro-february-2025\/","title":{"rendered":"RealTimeMacro &#8211; February 2025"},"content":{"rendered":"<ul>\n<li>The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth would stand at +0.7% in Q1 2025, easing very slightly compared with recent quarters.<\/li>\n<li>This +0.7% growth is driven by the revision of the national accounts and recent investment indicators. Labour indicators (Social Security registrations), demand indicators (retail consumption) and supply indicators (industrial activity and most service sectors) have weighed on it.<\/li>\n<li>The carry-over effect from the Spanish economy&#8217;s dynamism in 2024 and the likely growth recorded in the first part of the year practically guarantee GDP growth of 2.2% in 2025, which is at the lower end of our current forecast (2.2%-2.6%).<\/li>\n<\/ul>\n<p>You can read the full note below.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth would stand at +0.7% in Q1 2025, easing very slightly compared with recent quarters. This +0.7% growth is driven by the revision of the national accounts and recent investment indicators. Labour indicators (Social Security registrations), demand indicators (retail consumption) and supply indicators [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RealTimeMacro - February 2025 - Center for Economic Policy - EsadeEcPol<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/webecpol.esade.edu\/en\/publications\/realtimemacro-february-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RealTimeMacro - February 2025 - Center for Economic Policy - EsadeEcPol\" \/>\n<meta property=\"og:description\" content=\"The RealTimeTracker, our real-time monitoring and forecasting model, estimates that quarterly GDP growth would stand at +0.7% in Q1 2025, easing very slightly compared with recent quarters. 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This +0.7% growth is driven by the revision of the national accounts and recent investment indicators. 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