Industry in Spain
Spain - Industry
Industrial production growth remains steady in August
Industrial production grew 1.2% year-on-year in seasonally- and calendar-adjusted terms in August, remaining steady from July’s increase (previously reported: +0.5% year-on-year). Nonetheless, annual average industrial output growth ticked down from 2.7% in July to 2.6% in August, an 11-month low.
August’s result reflected moderating growth in the production of capital and intermediate goods as well as a strong rebound in energy output offsetting a slightly larger fall in the production of consumer goods compared to July.
On a month-on-month basis, adjusted for seasonal and calendar effects, factory output climbed 0.7% in August, a stronger expansion than the revised 0.1% rise logged in July (previously reported: -0.3% month-on-month).
Spain Industrial Production Forecast
FocusEconomics Consensus Forecast panelists see industrial production expanding 2.5% in 2018, which is up 0.1 percentage points from last month’s forecast. For 2019, the panel expects industrial production to grow at 2.2%, down 0.1 percentage points from last month’s estimate.
Spain - Industry Data
|Industrial Production (annual variation in %)||-1.6||1.2||3.2||1.9||3.1|
5 years of economic forecasts for more than 30 economic indicators.
Spain Industry Chart
Source: National Statistical Institute (INE).
|Bond Yield||1.65||5.62 %||Oct 17|
|Exchange Rate||1.15||0.65 %||Oct 18|
|Stock Market||8,890||-0.74 %||Oct 18|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 5, 2018
Industrial production grew 1.2% year-on-year in seasonally- and calendar-adjusted terms in August, remaining steady from July’s increase (previously reported: +0.5% year-on-year).
October 3, 2018
Reflecting moderating activity growth in both the services and manufacturing sectors, the IHS Markit composite Purchasing Managers’ Index (PMI) slipped from 53.0 in August to 52.5 in September, a multi-year low.
October 1, 2018
Retail sales rose a mild 0.3% in year-on-year terms in August, rebounding from the 0.7% dip logged in July.
September 28, 2018
Spain’s current account balance recorded a small surplus of EUR 107 million in July, a significant decline from the EUR 2.2 billion surplus recorded in July 2017 and well below the EUR 977 million surplus logged in June.
September 28, 2018
Growth remained steady in the second quarter of the year, according to the second GDP estimate released by the National Statistical Institute (INE) on 28 September.