Spain’s Business Turnover Index (seasonally & calendar adjusted) rose 1.5% MoM in June 2025 and 5.1% YoY, indicating solid momentum across most sectors and the strongest monthly gain since January.

• Electricity and water supply posted the strongest annual gain, up 14.2% YoY, making it the largest contributor to the overall growth.

• Trade turnover increased 5.9% YoY, reflecting broad-based strength in domestic demand.

• Construction activity rose 5.8% YoY, adding to the positive trend in the broader services and industrial sectors.

• Extractive and manufacturing industries were up 1.8% YoY, a more modest increase compared to other sectors.