Spain: Industrial production increases again in July
September 10, 2014
In July, industrial production rose a working-day adjusted 0.8% over the same month last year. July’s print represented only a slight acceleration compared to the revised 0.7% increase recorded in June (previously reported: +0.8% year-on-year), but it did represent the ninth consecutive month of expansion in industrial output. The print mainly reflected stronger growth in consumer goods and intermediate products.
Annual average variation of industrial production rose from 1.1% in June to 1.3% in July, marking the highest level since February 2011.