Spain: Growth in industrial production accelerates to five-month high in October
December 5, 2014
In October, industrial production expanded a working-day adjusted 1.2% over the same month last year, which was above September’s 1.0% increase. The print, which represented the 12th consecutive monthly expansion and the strongest gain in five months, mainly reflected healthy growth in intermediate goods and consumer products.
Annual average variation of industrial production inched up from September’s 1.5% to 1.7% in October, thereby reaching the highest print since December 2007.