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APRIL ECONOMIC THERMOMETER
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The "thermometer" of the Basque economy falls to a mild growth zone due to exports

According to data disseminated by the Basque Government, the thermometer of the Basque economy stood at 99.7 in April (since 150), the worst since October 2025. 

puerto de bilbao contenedores bilboko portua edukiontziak

Containers in the port of Bilbao, in a stock image.

The thermometer of the Basque economy has fallen in April to soft growth, according to data released this Monday by the Basque Government. 

In particular, the thermometer of the economy has stood at 99.7 (150) in April and is the worst since October 2025, falling to a mild growth zone.

This decline is mainly due to the trend in exports. 

According to the Department of Economy of the Basque Government, activity has been maintained thanks to domestic demand, although it has lost intensity. The growth in consumption is still strong in a context of rising inflation, an investment that maintains its positive contribution, although conditioned by an environment of greater uncertainty. 

Sector-by-sector data show a slowdown in growth due to the softer development of services and a favourable development of construction.

The industry has experienced a slight improvement over the previous months.

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