Spain Industrial Output Growth at 6-Month High

2026-07-03 07:15 By Luisa Carvalho 1 min. read

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%).



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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.
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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