Industrial production in Spain rose by 3.6% year-on-year in September of 2022, slightly below market expectations of a 3.7% increase and following a downwardly revised 5.2% advance in the prior month. It marks the sixth consecutive month of growth in industrial activity but at the slowest pace since April. Output growth slowed for energy (8.6% vs 9.5% in August) and consumer goods (1.5% vs 5.8%), while production decreased again for intermediate goods (-3% vs -3.7%). Meanwhile, output continued to rise solidly for capital goods (11.8% vs 11.6%). On a seasonally adjusted monthly basis, industrial output went down by 0.3%, after a downwardly revised 0.3% increase in the previous month. source: National Statistics Institute (INE)

Industrial Production in Spain averaged 0.98 percent from 1976 until 2022, reaching an all time high of 47.90 percent in April of 2021 and a record low of -34.10 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 November of 2022.

Industrial Production in Spain is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Industrial Production is projected to trend around 0.80 percent in 2023 and 1.80 percent in 2024, according to our econometric models.

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Spain Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-10-06 07:00 AM Aug 5.5% 5.4% 4.8% 3%
2022-11-04 08:00 AM Sep 3.6% 5.2% 3.7% 4.7%
2022-12-09 08:00 AM Oct 3.6% 4.6%


Related Last Previous Unit Reference
Industrial Production Mom -0.30 0.30 percent Sep 2022
Industrial Production 3.60 5.20 percent Sep 2022
Manufacturing Production 2.15 3.29 percent Sep 2022
Changes in Inventories 1459.00 92.00 EUR Million Sep 2022
Bankruptcies 2987.00 1678.00 Companies Dec 2020
Mining Production -0.77 8.33 percent Sep 2022
Factory Orders 1.30 -20.30 percent Dec 2019

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.
Actual Previous Highest Lowest Dates Unit Frequency
3.60 5.20 47.90 -34.10 1976 - 2022 percent Monthly
2015=100, SA

News Stream
Spain Industrial Output Growth at 5-Month Low
Industrial production in Spain rose by 3.6% year-on-year in September of 2022, slightly below market expectations of a 3.7% increase and following a downwardly revised 5.2% advance in the prior month. It marks the sixth consecutive month of growth in industrial activity but at the slowest pace since April. Output growth slowed for energy (8.6% vs 9.5% in August) and consumer goods (1.5% vs 5.8%), while production decreased again for intermediate goods (-3% vs -3.7%). Meanwhile, output continued to rise solidly for capital goods (11.8% vs 11.6%). On a seasonally adjusted monthly basis, industrial output went down by 0.3%, after a downwardly revised 0.3% increase in the previous month.
2022-11-04
Spain Industrial Output Rises More than Forecast
Industrial production in Spain rose 5.5 percent year-on-year in August of 2022, beating market expectations of a 4.8 percent increase and following a 5.4 percent expansion in the previous month. Output advanced faster for capital goods (12.6 percent vs 7.6 percent) and non-durable consumer goods (4.5 percent vs 4.4 percent). On the other hand, output slowed for energy (9.4 percent vs 13.7 percent) and durable consumer goods (0.4 percent vs 6 percent) while production of intermediate goods contracted (-3.2 percent vs -2 percent). On a seasonally adjusted monthly basis, industrial output went up 0.4 percent, after a 1 percent drop in July.
2022-10-06
Spain Industrial Output Growth Slows
Industrial production in Spain rose by 5.3 percent year-on-year in July of 2022, easing from the one-year high of 7 percent in the previous month. While remaining high in a historical basis, output rose at a slower pace for energy (14 percent vs 14.5 percent in June), capital goods (6.4 percent vs 10.8 percent), and consumer goods (4.1 percent vs 6.9 percent). On the other hand, production of intermediate goods contracted (-1.9 percent vs 0.4 percent). On a seasonally adjusted monthly basis, industrial output fell by 1.1 percent.
2022-09-09