The economy of Castilla and Leon increased by 3.2 percent in the first quarter of 2025, which combines growth rates in the fourth quarter of 2024, due to the services sector and investments, especially the sale of goods for equipment and balanced in agriculture, out of the deterioration of expectations in this case about livestock and falling, which will not accumulate, which is not accumulated, which is not Actual, which is not relevant.
As the Minister of Economics and Finance emphasizes, Carlos Fernandez Carido, Castilla and Leon economics exceeds national growth in four tenths (2.8 percent) and doubled than the EU countries (1.4 percent) and almost three times, which in the euro zone (1.2 percent).
Nevertheless, the economic growth of Castilla and Leon in the first three months of the year was By three tenths lower than on the average of 2024, Which ended with a rebound of 3.5 percent, after a deterioration in growth rates in the last quarters, a trend that is expected to be repeated in 2025, when the greatest increase in autonomous GDP will occur in the first quarters.
Fernandez Carido admitted that the expectations were “slightly lower”, and emphasized the fact that 2025 began “good” and something above expected, so the “good news” of the first quarter, in which he remained in the growth rate of October, November and December, can “raise something” in the initial forecast -The control rated the growth of the economy in 2025 by 2.0 percent.
“What we have in advance calculates on average,” the Minister of Economics and Finance decided that there are factors, that there is a “some risk” for the evolution of the economy, such as evolution and Uncertainty in relation to international tradeThe lower growth of the countries of Castilla and Leon customers and the effect of tariffs, to which the image “slightly more negative” added, which, in his opinion, projects Spain.
In a particular case, tariffs believed that it was still too early to see the influence of these protectionist measures, although he admitted that there was still no negative effect.
The main growth of the economy of Castilla and Leon on the side of the proposal was given in Service sector that grew by 4.3 percent In the first quarter, by five tenths exceeding than in the previous one, with a great increase in information and communications, real estate and professionals, scientific and technical, as well as to a lesser extent of the rest for the rest. The industry sector also continued to grow, which increased by 1.7 percent in the first quarter compared to a decrease by 0.2 percent of the previous period.
Construction continues to grow
However, in industrial branches, Manufacturers fell by 0.8 percent In the first quarter against growth, 5.0 percent of the previous one, while the power supply recorded growth in this quarter, unlike the descent of the precedent. For its part, the construction continues to grow, although it slowed down the rhythm compared to the last quarter of 2024 -2.0 percent compared to 2.8 percent. Finally, the only decline was registered in the primary sector, which fell 1.2 percent in the first three months of 2025, when in the last quarter of 2024 it increased by 10.5 percent, where agricultural production increased to a lesser extent and decreased livestock decreased.
As for demand, emphasizes the contribution of the formation of gross capital, Investments that restored 4.0 per hundred, Two -tenths are more than in the previous period to accelerate investment in equipment and to a lesser extent construction. The consultant made special attention that investments in command products increased by 6.4 percent of the year -1.4 points more than in the previous quarter (5.0 percent), while investments in construction increased by 2.2 percent, which is eight tenths less than in the precedent.
On the other hand, the costs of final consumption increased by 2.8 percent in the first quarter, two tenths less than in the previous (3.0 percent), from the smallest increase in the final consumption of the household (3.1 percent compared with 3.3 percent of the previous period) and state administration expenses (2.1 percent and 2.4 percent, respectively).
