New orders for Spain's industrial goods declined 16.4 percent from a year earlier in March of 2020, following a downwardly revised 0.1 percent fall in the previous month. It was the biggest drop in industrial new orders received since September of 2009 as the country was severely hit by the coronavirus pandemic. Demand decreased further for intermediate goods (-15 percent vs -2.2 percent in February) and equipment goods (-27.3 percent vs -0.3 percent). Also, demand slowed for consumer goods (1.5 percent vs 1.9 percent).

Factory Orders in Spain averaged 1.36 percent from 2003 until 2020, reaching an all time high of 12.90 percent in December of 2005 and a record low of -28.80 percent in February of 2009. This page provides - Spain Factory Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Industrial New Orders Received YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: National Statistics Institute (INE)

Factory Orders in Spain is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders in Spain to stand at 2.80 in 12 months time. In the long-term, the Spain Industrial New Orders Received YoY is projected to trend around 2.20 percent in 2021, according to our econometric models.

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Spain Industrial New Orders Received YoY

Actual Previous Highest Lowest Dates Unit Frequency
-16.40 -0.10 12.90 -28.80 2003 - 2020 percent Monthly
WDA, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-21 08:00 AM Dec 1.1% -20.3% -7%
2020-03-25 08:00 AM Jan 1.7% 3.1% 2.7%
2020-04-24 07:00 AM Feb -0.2% 0.4% 0.5%
2020-05-22 07:00 AM Mar -16.4% -0.1% -6.8%
2020-06-20 07:00 AM Apr -16.4%
2020-07-16 07:00 AM May
2020-08-14 07:00 AM Jun 2.3%
2020-09-23 07:00 AM Jul


News Stream
Spain Industrial Orders Fall the Most Since 2009
New orders for Spain's industrial goods declined 16.4 percent from a year earlier in March of 2020, following a downwardly revised 0.1 percent fall in the previous month. It was the biggest drop in industrial new orders received since September of 2009 as the country was severely hit by the coronavirus pandemic. Demand decreased further for intermediate goods (-15 percent vs -2.2 percent in February) and equipment goods (-27.3 percent vs -0.3 percent). Also, demand slowed for consumer goods (1.5 percent vs 1.9 percent).
2020-05-22
Spain Industrial Orders Fall 0.2% YoY in February
New orders for Spain's industrial goods decreased 0.2 percent from a year earlier in February of 2020, following a downwardly revised 0.4 percent rise in the previous month. It was the first decline in industrial new orders received since October of 2019, as demand fell for equipment goods (-0.5 percent vs 3.2 percent in January); durable consumer goods (-0.4 percent vs -2.3 percent) and intermediate goods (-2.3 percent vs -3.3 percent). Meantime, demand slowed for non-durable consumer goods (2.3 percent vs 4.7 percent) while it rebounded for energy (4.4 percent vs -4.5 percent).
2020-04-24
Spain Industrial Orders Growth Slows to 1.7% YoY in January
New orders for Spain's industrial goods increased 1.7 percent from a year earlier in January 2020, following an upwardly revised 3.1 percent rise in the previous month. Demand slowed for durable consumer goods (0.5 percent vs 7.6 percent in December) and non-durable consumer goods (5 percent vs 5.6 percent). Also, demand fell for energy (-4.5 percent vs 5.9 percent) and intermediate goods (-2.7 percent vs -2.4 percent). On the other hand, demand advanced faster for equipment goods (7.2 percent vs 5.3 percent).
2020-03-25
Spain Industrial New Orders Rebound in December
New orders for Spain's industrial goods increased 1.1 percent from a year earlier in December 2019, recovering from an upwardly revised 20.3 percent slump in the previous month. Demand rebounded for durable consumer goods (2.9 percent vs -5.3 percent in November) and rose further for non-durable consumer goods (6.7 percent vs 5.3 percent). Also, demand fell at a softer pace for capital goods (-1.2 percent vs -47.3 percent) and intermediate goods (-2.7 percent vs -3.9 percent).
2020-02-21

Spain Industrial New Orders Received YoY
In Spain, the Industrial New Orders Received Indices (INORI) are short term indicators whose objective is to measure the monthly evolution of future demand directed at industrial branches.