Spain's industrial production rose 0.8 percent from a year earlier in July 2019, following a downwardly revised 1.6 increase in the previous month and below market expectations of a 1.5 percent gain. It was the smallest annual increase in industrial activity since March, as output fell for capital goods (-2.2 percent vs 3.0 percent in June) and intermediate goods (-2.0 percent, the same pace as in the previous month). On the other hand, production advanced faster for energy (7.4 percent vs 5.9 percent) and consumer goods (2.2 percent vs 2.1 percent), of which non-durable consumer goods (2.7 percent vs 2.6 percent). On a monthly basis, industrial output declined 0.4 percent, after a 0.2 percent drop in the preceding month. 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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Calendar GMT Actual Previous Consensus TEForecast
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 1.8% 1.4% 0.8% 1.2%
2019-09-11 07:00 AM Industrial Production YoY Jul 0.8% 1.6% 1.5% 1.5%
2019-10-08 07:00 AM Industrial Production YoY Aug 0.8%
2019-11-06 08:00 AM Industrial Production YoY Sep 1.5%
2019-12-05 08:00 AM Industrial Production YoY Oct


Spain Business Last Previous Highest Lowest Unit
Business Confidence 1.40 -2.80 8.50 -39.00 Index Points [+]
Services PMI 54.30 52.90 60.30 36.80 Index Points [+]
Manufacturing PMI 48.80 48.20 56.10 41.10 [+]
Industrial Production 0.80 1.60 13.60 -21.80 percent [+]
Industrial Production Mom -0.40 -0.20 9.30 -12.00 percent [+]
Manufacturing Production -0.40 0.80 13.60 -22.90 percent [+]
Capacity Utilization 80.90 80.50 90.00 68.86 percent [+]
Changes in Inventories 2853.00 2829.00 3104.00 -3179.00 EUR Million [+]
Bankruptcies 1588.00 1648.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 90774.00 116686.00 177375.00 23090.00 [+]
Car Production 2066.00 2314.00 2504.00 139.00 Hundred Units [+]
Car Registrations 118853.00 106256.00 159417.00 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 -1.40 -6.90 21.10 -44.90 percent [+]
Steel Production 1100.00 1210.00 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 25095.00 22069.00 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 0.90 -2.00 25.60 -33.70 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 September of 2019.

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




Country Last Previous
Argentina -1.90 Jul/19
Australia 1.90 Jun/19
Brazil -2.50 Jul/19
Canada 1.44 Jun/19
China 4.40 Aug/19
Euro Area -2.00 Jul/19
France -0.20 Jul/19
Germany -4.20 Jul/19
India 4.30 Jul/19
Indonesia 8.10 Jul/19
Italy -0.70 Jul/19
Japan 0.70 Jul/19
Mexico -1.70 Jul/19
Netherlands -1.90 Jun/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -0.40 Jul/19
South Africa -1.10 Jul/19
South Korea 0.60 Jul/19
Spain 0.80 Jul/19
Switzerland 4.80 Jun/19
Turkey -1.20 Jul/19
United Kingdom -0.90 Jul/19
United States 0.40 Aug/19


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