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. source: National Statistics Institute (INE)

Industrial Production in Spain increased 1.80 percent in March of 2026 over the same month in the previous year. Industrial Production in Spain averaged 0.91 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 May of 2026.

Industrial Production in Spain increased 1.80 percent in March of 2026 over the same month in the previous year. Industrial Production in Spain is expected to be 2.50 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 2.90 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-09 07:00 AM
Industrial Production YoY
Feb -1.1% -0.2% 1.5% 2.0%
2026-05-08 07:00 AM
Industrial Production YoY
Mar 1.8% -0.9% -1.8%
2026-06-04 07:00 AM
Industrial Production YoY
Apr 1.8%


Related Last Previous Unit Reference
Bankruptcies 2342.00 2544.00 Companies Mar 2026
Changes in Inventories 2433.00 2540.00 EUR Million Dec 2025
Industrial Production YoY 1.80 -0.90 percent Mar 2026
Industrial Production Mom 2.30 -0.10 percent Mar 2026
Manufacturing Production 2.70 -0.90 percent Mar 2026
Mining Production 1.30 -8.00 percent Mar 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
1.80 -0.90 46.20 -34.30 1976 - 2026 percent Monthly
2021=100, SA, WDA

News Stream
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
Spain Industrial Performance Disappoints
Industrial production in Spain decreased by 1.1% year-on-year in February 2026, following a revised 0.2% fall in January and missing market forecasts of a 1.5% rise. This marks the third consecutive of downturn in industrial activity and the steepest in a year, amid lower production of durable consumer goods (-6.3% vs -9.7% in January), intermediate goods (-2.7% vs -3.1%) and energy (-1.5% vs 4.8%). At the same time, output remained flat for capital goods while it rebounded for non-durable consumer goods (0.6% vs -1.7%). On a seasonally adjusted monthly basis, industrial activity edged down by 0.1%, after an upwardly revised 0.7% fall in January.
2026-04-09
Spain Industrial Activity Rebounds Less than Anticipated
Industrial production in Spain rose by 0.3% year-on-year in January 2026, following a 0.3% decrease in December but below the market consensus of 1.7%. Stronger energy output (5.6% vs 4% in December) and a turnaround in capital goods (2% vs -1.4%) were key drivers of the rebound. On the other hand, output declined for durable consumer goods (-8.6% vs -3.9%), non-durable consumer goods (-1.8% vs 0.4%) and intermediate goods (-2.3% vs -1.8%). On a seasonally adjusted monthly basis, industrial activity fell by 0.4% in January, after a revised 2.4% drop in the preceding month.
2026-03-05