Spain: Industrial production picks up pace in May
July 6, 2015
In May, industrial production rose 3.4% over the same month last year in working-day adjusted terms, which was above the revised 1.7% increase tallied in April (previously reported: +1.8% year-on-year). The print mainly reflected an acceleration in the production of capital and intermediate goods as well as of energy. In addition, production of capital goods improved compared to the previous month.
Annual average variation of industrial production inched up from 1.1% in April to 1.2% in May.