Spain: Industrial production recovers in September
Latest reading: Industrial production was up 0.4% on a working day and seasonally adjusted month-on-month basis in September, following a 0.1% fall in the previous month.
Relative to the prior month’s figures, readings in September improved for consumer goods (+0.7% on a working day and seasonally adjusted month-on-month basis vs +0.2% in August), intermediate goods (+2.0% vs -1.5% in August) and energy (+0.1% vs -0.6% in August). In contrast, the reading for capital goods softened in September (-1.4% vs +2.4% in August).
On a working day and seasonally adjusted year-on-year basis, industrial production was up 1.7% in September, following a 3.3% rise in the previous month.