Industrial production in Spain went up 0.8 percent year-on-year in December 2019, easing from a downwardly revised 1.6 percent rise in the previous month and missing market expectations of a 2.2 percent gain. Output growth slowed for equipment goods (3.8 percent from 4.8 percent in November); and production fell for intermediate goods (-1.2 percent from 0.9 percent). On the other hand, output rebounded for durable (6.2 percent from -1 percent) and non-durables goods (0.9 percent from -0.1 percent). On a monthly basis, industrial production dropped 1.3 percent, after rising 0.8 percent in November. Considering 2019 as a whole, industrial output increased 0.6 percent.

Industrial Production in Spain averaged 1 percent from 1976 until 2019, reaching an all time high of 13.60 percent in February of 1977 and a record low of -21.80 percent in April of 2009. 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. source: National Statistics Institute (INE)

Industrial Production in Spain is expected to be 1.40 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 1.70 in 12 months time. In the long-term, the Spain Industrial Production is projected to trend around 1.90 percent in 2021, according to our econometric models.


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Spain Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.60 13.60 -21.80 1976 - 2019 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-06 08:00 AM Sep 0.8% 1.4% 1.6% 1.5%
2019-12-05 08:00 AM Oct -1.3% 0.6% -0.5% 1.0%
2020-01-10 08:00 AM Nov 2.1% -1.3% 0.6% -1.8%
2020-02-07 08:00 AM Dec 0.8% 1.6% 2.2% 1%
2020-03-06 08:00 AM Jan 0.8% -1.6%
2020-04-03 07:00 AM Feb
2020-05-08 07:00 AM Mar 1.3%
2020-06-05 07:00 AM Apr


News Stream
Spain Industrial Output Growth Slows in December
Industrial production in Spain went up 0.8 percent year-on-year in December 2019, easing from a downwardly revised 1.6 percent rise in the previous month and missing market expectations of a 2.2 percent gain. Output growth slowed for equipment goods (3.8 percent from 4.8 percent in November); and production fell for intermediate goods (-1.2 percent from 0.9 percent). On the other hand, output rebounded for durable (6.2 percent from -1 percent) and non-durables goods (0.9 percent from -0.1 percent). On a monthly basis, industrial production dropped 1.3 percent, after rising 0.8 percent in November. Considering 2019 as a whole, industrial output increased 0.6 percent.
2020-02-07
Spain Industrial Output Recovers
Industrial production in Spain increased 2.1 percent year-on-year in November of 2019, rebounding from a 1.3 percent fall in October and beating market forecasts of a 0.6 percent gain. It is the biggest increase in industrial output since January 2019 as production rebounded for intermediate goods (0.7 percent vs -2 percent in October) and rose faster for equipment goods (6.2 percent vs 1 percent) and non-durables (1.5 percent vs 0.4 percent). Also, production fell less for durable goods (-1.3 percent vs -2.5 percent). On a monthly basis, industrial production jumped 1 percent after a 0.5 percent fall in October.
2020-01-10
Spain Industrial Output Contracts More than Expected
Spain's industrial output dropped 1.3 percent from a year earlier in October of 2019, worse than market expectations of a 0.5 percent fall and after a downwardly revised 0.6 percent increase in the previous month. Output dropped for energy (-4.4 percent vs 2.5 percent in September); consumer goods (-0.7 percent vs 0.5 percent) and intermediate goods (-2.0 percent vs -1.4 percent) while capital goods production advanced at a softer pace (0.8 percent vs 2.4 percent). On a monthly basis, industrial production shrank 0.4 percent, following a 0.8 percent decrease in September.
2019-12-05
Spain Industrial Output Rises Less than Expected
Industrial production in Spain rose 0.8 percent year-on-year in September of 2019, below a 1.4 percent increase in August and compared with market expectations of 1.6 percent. It is the lowest annual gain in industrial output since a 2.9 percent drop in March. Production of non-durables slowed (1.7 percent compared to 1.9 percent in August) and continued to fall for durables (-0.5 percent compared to -3.2 percent) and intermediate goods (-1.5 percent compared to -1 percent). On the other hand, production rose faster for equipment goods (2.1 percent compared to 1.9 percent) and energy (3 percent compared to 1.9 percent). On a monthly basis, industrial output dropped 0.8 percent after a 0.6 percent gain in August.
2019-11-06

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.