Spain's industrial production fell by 3.8 percent from a year earlier in November 2020, following a 1.6 percent decline in the previous month, as a resurgence in COVID-19 cases and new restrictive measures hit activity. Output dropped at a faster pace for energy (-7.8 percent vs -2.4 percent in October), capital goods (-7.1 percent vs -4.5 percent), non-durable consumer goods (-3.6 percent vs -3.8 percent), and durable consumer goods (-1.0 percent vs 0.8 percent). On the other hand, production of intermediate goods rose by 1.2 percent, compared with a 1.8 percent increase in the previous month. source: National Statistics Institute (INE)

Industrial Production in Spain averaged 0.77 percent from 1976 until 2020, reaching an all time high of 13.60 percent in February of 1977 and a record low of -34 percent in April of 2020. This page provides the latest reported value for - Spain Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.

Industrial Production in Spain is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Spain to stand at 5.10 in 12 months time. In the long-term, the Spain Industrial Production is projected to trend around 2.60 percent in 2022, according to our econometric models.

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Spain Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -1.60 13.60 -34.00 1976 - 2020 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-07 07:00 AM Aug -5.7% -6.2% -5.7% -6%
2020-11-06 08:00 AM Sep -3.4% -5.7% -3.8% -4.7%
2020-12-09 08:00 AM Oct -1.6% -3.1% -2.6% -3.2%
2021-01-11 08:00 AM Nov -3.8% -1.6% -3%
2021-02-08 08:00 AM Dec -3.8%
2021-03-08 08:00 AM Jan
2021-04-09 07:00 AM Feb
2021-05-07 07:00 AM Mar


News Stream
Spain Industrial Output Contraction Deepens
Spain's industrial production fell by 3.8 percent from a year earlier in November 2020, following a 1.6 percent decline in the previous month, as a resurgence in COVID-19 cases and new restrictive measures hit activity. Output dropped at a faster pace for energy (-7.8 percent vs -2.4 percent in October), capital goods (-7.1 percent vs -4.5 percent), non-durable consumer goods (-3.6 percent vs -3.8 percent), and durable consumer goods (-1.0 percent vs 0.8 percent). On the other hand, production of intermediate goods rose by 1.2 percent, compared with a 1.8 percent increase in the previous month.
2021-01-11
Spain Industrial Output Falls Less than Forecast
Spain's industrial production shrank by 1.6 percent from a year earlier in October, at the slowest pace in the current sequence of decline that began in January and compared with market expectations of 2.6 percent fall. Production of intermediate goods rebounded 1.6 percent (vs -1.3 percent in September), while output contracted at a softer pace for capital goods (-4.0 percent vs -5.1 percent) and energy products (-2.3 percent vs -4.2 percent). Consumer goods production fell 2.3 percent, accelerating from a 1.9 percent drop in September.
2020-12-09
Spain Industrial Output Falls Less than Forecast
Spain's industrial production declined by 3.4 percent from a year earlier in September 2020, following a 5.7 percent contraction in the previous month and compared with market consensus of a 3.8 percent fall. Output dropped for all categories: capital goods (-5.1 percent vs -9.8 percent in August); energy (-4.3 percent vs -4.7 percent); consumer goods (-2.1 percent vs -7.0 percent); and intermediate goods (-1.8 percent vs -2.5 percent). On a monthly basis, industrial production increased by 0.8 percent in September, after rising by 0.4 percent in August.
2020-11-06
Spain Industrial Output Falls at a Softer Pace in August
Spain's industrial production dropped 5.7 percent over a year earlier in August 2020, following a downwardly revised 6.2 percent fall in the previous month and matching market expectations. It was the smallest decline in industrial output in six months, amid the easing of coronavirus lockdown restrictions. Output went down less in capital goods (-10.3 percent vs -11.5 percent in July); intermediate goods (-2.3 percent vs -6.1 percent) and energy (-4.6 percent vs -4.8 percent). On the other hand, production of consumer goods decreased further (-7.3 percent vs -4.1 percent). On a monthly basis, industrial output grew 0.4 percent, after an upwardly revised 9.6 percent gain in the prior month.
2020-10-07

Spain Industrial Production
In Spain, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 82 percent of total production. The biggest segments within Manufacturing are: Food products (12 percent of total production); fabricated metal products, except machinery and equipment (9 percent); motor vehicles, trailers and semi-trailers (6 percent); chemicals and chemical products (6 percent); other non-metallic mineral products (5 percent); rubber and plastic products (4 percent); machinery and equipment (4 percent); basic metals (4 percent); and beverages (4 percent). Electricity, gas, steam and air conditioning account for 14 percent of total output; Water supply, sewerage, waste management and remediation account for 3 percent; and Mining and quarrying account for 1 percent.