Industrial production in Spain rose 3.8 percent year-on-year in May of 2022, following an upwardly revised 2.3 percent increase in the previous month and above market expectations of a 3.4 percent advance. Output accelerated for energy (5.7 percent vs 4.7 percent in April), consumer goods (7.5 percent vs 5.6 percent), capital goods (4.1 percent vs 1.8 percent) and intermediate goods (1 percent vs flat reading). On a seasonally adjusted monthly basis, industrial output went down 0.2 percent, after a 2.1 percent gain in April. source: National Statistics Institute (INE)
Industrial Production in Spain averaged 0.95 percent from 1976 until 2022, reaching an all time high of 47.80 percent in April of 2021 and a record low of -34.12 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 2022.
Industrial Production in Spain is expected to be 4.30 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 3.40 percent in 2023 and 2.60 percent in 2024, according to our econometric models.