Spain's industrial output rose 1.4 percent year-on-year in May of 2019, easing from an upwardly revised 1.8 percent gain in the previous month and against market expectations of a 0.1 percent fall. Output slowed for capital goods (1.7 percent from 2.9 percent in April) while it fell for durable consumer goods (-4.1 percent from 1.7 percent) and intermediate goods (-1.5 percent from -1.6 percent). On the other hand, production rebounded for energy (1.3 percent from -2.4 percent) and advanced further for non-durable consumer goods (4.8 percent from 2.9 percent). On a monthly basis, industrial production edged up 0.3 percent, following a 1.8 percent rise in April. 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.

Industrial Production in Spain is expected to be 1.50 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 1.60 in 12 months time. In the long-term, the Spain Industrial Production is projected to trend around 1.90 percent in 2020, according to our econometric models.

Spain Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-05 07:00 AM Industrial Production YoY Feb -0.3% 2.7% 0% 0.9%
2019-05-09 07:00 AM Industrial Production YoY Mar -3.1% -0.2% -1.3% -0.8%
2019-06-05 07:00 AM Industrial Production YoY Apr 1.7% -3% -0.3% -1.2%
2019-07-05 07:00 AM Industrial Production YoY May 1.4% 1.8% -0.1% 1.1%
2019-08-08 07:00 AM Industrial Production YoY Jun 1.4% 1.2%
2019-09-11 07:00 AM Industrial Production YoY Jul
2019-10-08 07:00 AM Industrial Production YoY Aug


Spain Business Last Previous Highest Lowest Unit
Business Confidence -3.70 -3.30 8.50 -39.00 Index Points [+]
Services PMI 53.60 52.80 60.30 36.80 Index Points [+]
Manufacturing PMI 47.90 50.10 56.10 41.10 [+]
Industrial Production 1.40 1.80 13.60 -21.80 percent [+]
Industrial Production Mom 0.30 1.80 9.30 -12.00 percent [+]
Manufacturing Production 1.30 1.50 13.70 -22.90 percent [+]
Capacity Utilization 80.50 80.59 90.00 68.86 percent [+]
Changes in Inventories 2135.00 2289.00 2289.00 -3402.00 EUR Million [+]
Bankruptcies 1648.00 1489.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 130519.00 125625.00 177375.00 23090.00 [+]
Car Production 2314.00 1792.00 2504.00 139.00 Hundred Units [+]
Car Registrations 115540.00 112128.00 153732.00 3103.00 [+]
Internet Speed 15487.07 15362.73 15487.07 2354.24 KBps [+]
IP Addresses 14575619.00 13803828.00 14855454.00 7640009.00 IP [+]
Mining Production 3.30 5.80 21.10 -44.90 percent [+]
Steel Production 1276.00 1288.00 1980.00 555.00 Thousand Tonnes [+]
Competitiveness Index 74.20 73.75 74.20 4.49 Points [+]
Competitiveness Rank 26.00 25.00 42.00 25.00 [+]
Ease of Doing Business 30.00 28.00 62.00 28.00 [+]
Electricity Production 21864.00 21026.00 27405.00 20466.00 Gigawatt-hour [+]
Corruption Index 58.00 57.00 71.00 43.10 Points [+]
Corruption Rank 41.00 42.00 42.00 20.00 [+]
Factory Orders -2.10 13.40 25.50 -33.60 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.80 13.60 -21.80 1976 - 2019 percent Monthly
2015=100, SA




Country Last Previous
Argentina -6.90 May/19
Australia 1.20 Mar/19
Brazil 7.10 May/19
Canada 2.14 Apr/19
China 6.30 Jun/19
Euro Area -0.50 May/19
France 4.00 May/19
Germany -3.70 May/19
India 3.10 May/19
Indonesia 7.90 Mar/19
Italy -0.70 May/19
Japan -2.10 May/19
Mexico -3.35 May/19
Netherlands -0.90 May/19
Russia 3.30 Jun/19
Saudi Arabia 2.34 Sep/18
Singapore -2.40 May/19
South Africa 1.00 May/19
South Korea -0.20 May/19
Spain 1.40 May/19
Switzerland 4.30 Mar/19
Turkey -1.30 May/19
United Kingdom 0.90 May/19
United States 1.30 Jun/19


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