Hungary: Industrial output rebounds in February
According to a second estimate by the Statistical Institute, industrial output expanded 1.0% year on year in February (January: -3.8%...
Industrial Production in Spain
Spain's economy recorded average industrial production growth of 1.0% in the decade to 2022, slightly below the 1.1% average for the Euro Area. In 2022, industrial production growth was 2.8%. For more industry information, visit our dedicated page.
Spain Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Spain from 2014 to 2023.
Source: INE.
Spain Industry Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 0.8 | 0.4 | -9.5 | 8.1 | 2.2 |
Industrial activity dips in December
Industrial output slid 0.2% year-on-year in seasonally and calendar adjusted terms in December, which contrasted November's 0.9% increase. Looking at the details of the release, the contraction in consumer goods output worsened in December, and capital goods output also lost steam. On a seasonally and calendar adjusted monthly basis, industrial output fell 0.3% in December (November: +1.1% mom) Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 0.7%, down from November's minus 0.6%.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Spanish industry projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Spanish industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Spanish industry projections.
Want to get access to the full dataset of Spanish industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Romania: Decline in industrial output softens in February
Industrial output fell 2.2% year on year in February (January: -3.9% yoy). Looking at the details of the release, manufacturing... -
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Industrial output rose 0.1% in month-on-month seasonally adjusted terms in February, which contrasted January’s 1.4% decrease. February’s turnaround largely reflected... -
Belgium:
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Slovakia: Industrial output flatlined in February
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Sweden: Industrial activity dips in February
Industrial output—excluding energy—decreased 1.2% in month-on-month seasonally adjusted terms in February, which contrasted January’s 1.4% increase. Looking at the details...