Industry in Spain

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Spain - Industry

Industrial production picks up in June

Industrial production rose 1.8% year-on-year in seasonally- and calendar-adjusted terms in June, accelerating from May’s 1.4% increase. As a result, the annual average variation in industrial output edged up to minus 0.1% in June from minus 0.3% in the previous month.

June’s reading largely reflected a pick-up in capital goods and energy output compared to May. Meanwhile, production of consumer goods slowed and intermediate goods output contracted for the second consecutive month.

On a month-on-month basis, adjusted for seasonal and calendar effects, factory output declined 0.2% in June, contrasting the 0.3% rise logged in May.

FocusEconomics Consensus Forecast panelists see industrial production expanding 1.0% in 2019, which is unchanged from last month’s forecast, and 1.6% in 2020.

Spain - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-1.6  1.2  3.2  1.9  3.2  

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Spain Industry Chart

Spain Industry
Note: Annual variation of industrial production in %.
Source: National Statistical Institute (INE).

Spain Facts

Bond Yield0.345.62 %Jul 30
Exchange Rate1.110.65 %Jul 31
Stock Market8,971-0.74 %Jul 31

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