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Statistics Office Maintains Estimates for Q1/2026 GDP Evolution Compared to Data Announced in June, with Economy Declining 1.2% YOY

The National Institute of Statistics (INS) has maintained its estimates about the evolution of GDP in Q1 compared to the data announced in June, with the economy registering a 1.2% decline for the unadjusted series and a decrease of 1.1% for the seasonally adjusted series against the same quarter of 2025.

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New Car Registrations Up Almost 53% YoY In June

New car registrations rose by 52.9% in June 2026 compared with June 2025, while the electrified vehicle segment saw a 72% increase, according to preliminary data published by the Association of Automotive Manufacturers and Importers (APIA) on Wednesday, based on information from the General Directorate For Driving Licenses And Registrations.

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