Spain's industrial production grew by 26.0 percent year-on-year in May 2021, easing from April's record increase, reflecting the low base effect and the ongoing economic recovery from the coronavirus crisis. Output rose for all categories: durable consumer goods (70.7 percent vs 223.2 percent in April); capital goods (38.1 percent vs 116.9 percent); intermediate goods (33.3 percent vs 59.2 percent); non-durable consumer goods (14.9 percent vs 25.4 percent); and energy (13.5 percent, the same as in April). On a monthly basis, industrial production jumped 4.3 percent in May, the most since July 2020. source: National Statistics Institute (INE)

Industrial Production in Spain averaged 0.91 percent from 1976 until 2021, reaching an all time high of 48.20 percent in April of 2021 and a record low of -34.50 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 August of 2021.

Industrial Production in Spain is expected to be 5.60 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 5.40 in 12 months time. In the long-term, the Spain Industrial Production is projected to trend around 3.40 percent in 2022 and 2.60 percent in 2023, according to our econometric models.

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Spain Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
26.00 48.20 48.20 -34.50 1976 - 2021 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 07:00 AM Feb -2.1% -2.3% -1.3% -1.4%
2021-05-07 07:00 AM Mar 12.4% -2.3% 12.6% 6.5%
2021-06-07 07:00 AM Apr 48.2% 12.9% 36%
2021-07-06 07:00 AM May 26% 48.2% 22.1% 28.9%
2021-08-06 07:00 AM Jun 26% 13.5% 15.1%
2021-09-10 07:00 AM Jul
2021-10-06 07:00 AM Aug
2021-11-05 08:00 AM Sep


News Stream
Spain Industrial Output Growth Above Forecasts
Spain's industrial production grew by 26.0 percent year-on-year in May 2021, easing from April's record increase, reflecting the low base effect and the ongoing economic recovery from the coronavirus crisis. Output rose for all categories: durable consumer goods (70.7 percent vs 223.2 percent in April); capital goods (38.1 percent vs 116.9 percent); intermediate goods (33.3 percent vs 59.2 percent); non-durable consumer goods (14.9 percent vs 25.4 percent); and energy (13.5 percent, the same as in April). On a monthly basis, industrial production jumped 4.3 percent in May, the most since July 2020.
2021-07-06
Spain Industrial Output Rises at Record Pace in April
Spain's industrial production grew by 48.2 percent year-on-year in April 2021, the largest increase on record, due to the low base effect and as the economy consolidated its recovery from the coronavirus crisis. Output rose for all categories: durable consumer goods (222.1 percent vs 44.2 percent in March); capital goods (117.6 percent vs 28.1 percent); intermediate goods (59.1 percent vs 15.3 percent); non-durable consumer goods (25.3 percent vs 2.2 percent); and energy (13.5 percent vs 1.8 percent).
2021-06-07
Spain Industrial Output Surges in March
Spain's industrial production jumped 12.4 percent from a year earlier in March 2021, ending a 14-month period of contraction and slightly missing market consensus of a 12.6 percent growth. Output rebounded sharply for capital goods (28.1 percent vs -7.7 percent in February), intermediate goods (14.8 percent vs -0.8 percent), and consumer goods (8.1 percent vs -2.4 percent). By contrast, energy output growth slowed to 1.6 percent from 2.7 percent. In March 2020, Spain was put under a national lockdown due to the first wave of coronavirus infections.
2021-05-07
Spain Industrial Output Falls More than Forecast
Spain's industrial production dropped 2.1 percent from a year earlier in February 2021, easing from a 2.3 percent contraction in the previous month and compared with market expectations of a 1.3 percent fall. Production of capital goods tumbled 7.7 percent (vs -6.2 percent in January) and consumer goods output was down 2.6 percent (vs -6.1 percent in January). Meanwhile, intermediate goods production was flat (vs -0.6 percent in January), while energy output rose 2.7 percent (vs 3.6 percent percent in January). On a monthly basis, industrial activity was unchanged in February, after a 0.8 percent decrease in January.
2021-04-09

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.