Buoyed by immigration, the Spanish economy has enjoyed positive headline figures in recent years and will continue to lead the way in the bloc in 2026, but Prime Minister Pedro Sanchez admits the benefits aren't yet trickling down to locals. Immigration and services have spurred the Spanish economy to continent-leading headline figures, but even Prime Minister Pedro Sanchez admits that these macro gains are failing to trickle down and that the purchasing power of Spaniards "is still low".