Bank of Spain raises growth forecast but warns of uncertainty due to Trump's tariffs

MADRID, March 11 (Xinhua) -- The Bank of Spain on Tuesday raised its economic growth forecast for the country but cautioned about uncertainty stemming from the Trump administration's tariff policies.

In its report "Projections and quarterly report for the Spanish economy: March 2025," the bank revised its growth estimate for this year, forecasting a 2.7 percent increase in GDP, up from the 2.5 percent predicted in its previous report.