Spain’s industrial production increased by 3.4% year-over-year in May 2026, following an upwardly revised 2.3% rise in the prior month. This marked the third consecutive monthly increase in the country's industrial activity and the strongest since November 2025, supported by the production of intermediate goods (5.4% vs 2.2% in April), energy (5.1% vs 2.5%) and capital goods (3.9% vs 4.1%). Conversely, output declined for consumer goods (-1% vs -0.4%), of which durable (-4.2% vs -6.4%) and non-durable goods (-0.7% vs 0.3%). On a seasonally adjusted monthly basis, industrial activity rose by 1.2% in May, rebounding from a downwardly revised 0.3% decline in the prior month. The turnaround was driven by a recovery in energy (3.8% vs -0.8%) and intermediate goods (2% vs -0.3%) output, while capital goods production posted a modest increase (0.3% vs 0%). source: National Statistics Institute (INE)

Industrial Production in Spain increased 3.40 percent in May of 2026 over the same month in the previous year. Industrial Production in Spain averaged 0.92 percent from 1976 until 2026, reaching an all time high of 46.20 percent in April of 2021 and a record low of -34.30 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 July of 2026.

Industrial Production in Spain increased 3.40 percent in May of 2026 over the same month in the previous year. Industrial Production in Spain is expected to be 2.80 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 3.00 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-04 07:00 AM
Industrial Production YoY
Apr 2% 1.9% 2% 1.6%
2026-07-03 07:00 AM
Industrial Production YoY
May 3.4% 2.3% 2.3%
2026-08-06 07:00 AM
Industrial Production YoY
Jun 3.4% 2.5%


Related Last Previous Unit Reference
Bankruptcies 1662.00 2064.00 Companies May 2026
Changes in Inventories 2030.00 2306.00 EUR Million Mar 2026
Industrial Production YoY 3.40 2.30 percent May 2026
Industrial Production Mom 1.20 -0.30 percent May 2026
Manufacturing Production 3.20 2.30 percent May 2026
Mining Production 4.40 5.40 percent May 2026


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
3.40 2.30 46.20 -34.30 1976 - 2026 percent Monthly
2021=100, SA, WDA

News Stream
Spain Industrial Output Growth at 6-Month High
Spain’s industrial production increased by 3.4% year-over-year in May 2026, following an upwardly revised 2.3% rise in the prior month. This marked the third consecutive monthly increase in the country's industrial activity and the strongest since November 2025, supported by the production of intermediate goods (5.4% vs 2.2% in April), energy (5.1% vs 2.5%) and capital goods (3.9% vs 4.1%). Conversely, output declined for consumer goods (-1% vs -0.4%), of which durable (-4.2% vs -6.4%) and non-durable goods (-0.7% vs 0.3%). On a seasonally adjusted monthly basis, industrial activity rose by 1.2% in May, rebounding from a downwardly revised 0.3% decline in the prior month. The turnaround was driven by a recovery in energy (3.8% vs -0.8%) and intermediate goods (2% vs -0.3%) output, while capital goods production posted a modest increase (0.3% vs 0%).
2026-07-03
Spain’s Industrial Output Rises 2% in April
Spain’s industrial production increased by 2.0% year-over-year in April 2026, matching market expectations and following an upwardly revised 1.9% rise in March. Energy production rebounded with a 2.4% gain, reversing March’s 1.9% decline, while capital goods output grew 3.6% (up from 3.3%) and intermediate goods rose 2.1% (from 2.0%). However, non-durable consumer goods production nearly stalled at 0.1% (down from 4.1%), and durable consumer goods output continued to decline, falling 6.6% for the second consecutive month.
2026-06-04
Spain Industrial Output Rebounds in March
Spain’s industrial production rose by 1.8% year-on-year in March 2026, following a downwardly revised 0.9% fall in February. This marks the first increase in industrial activity since last November, reflecting improved performance across consumer goods (3.2% vs 0.2% in February), of which non-durables (4.2% vs 0.7%); capital goods (3% vs 0.7%), and intermediate goods (1.8% vs -2.7%). Conversely, output declined for energy (-1.9% vs -1.6%). On a seasonally adjusted monthly basis, industrial activity surged by 2.3% in March, rebounding from a 0.1% decline in the prior month and recording the strongest growth since December 2024. Intermediate goods, capital goods, and energy were the key drivers, increasing by 3.1%, 2.9%, and 1.9%, respectively.
2026-05-08