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.

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Spain Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-06-07 07:00 AM Apr 2.4% 0% -0.2% -1.5%
2022-07-06 07:00 AM May 3.8% 2.3% 3.4% 3%
2022-08-05 07:00 AM Jun 3.8%


Related Last Previous Unit Reference
Industrial Production 3.80 2.30 percent May 2022
Industrial Production Mom 2.10 -2.00 percent Apr 2022
Manufacturing Production 2.07 0.24 percent Apr 2022
Changes in Inventories 3973.00 8918.00 EUR Million Mar 2022
Bankruptcies 2428.00 1678.00 Companies Dec 2020
Mining Production -10.27 -21.56 percent Apr 2022
Factory Orders 1.30 -20.30 percent Dec 2019

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
3.80 2.30 47.80 -34.12 1976 - 2022 percent Monthly
2015=100, SA

News Stream
Spain Industrial Output Growth Tops Forecasts
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.
2022-07-06
Spain Industrial Output Unexpectedly Rises
Industrial production in Spain rose by 2.4 percent from a year earlier in April of 2022, following a revised flat reading in the previous month and better than market expectations of a 0.2 percent fall. Output advanced much faster for energy (4.6 percent vs 2.8 percent in March) and consumer goods (6.2 percent vs 1.4 percent), while it rebounded for capital goods (2.1 percent vs -1.6 percent). At the same time, production fell at a softer pace for capital goods (-0.2 percent vs -4.9 percent). On a seasonally adjusted monthly basis, industrial output grew 2.1 percent, after an upwardly revised 2 percent decline in the prior month.
2022-06-07
Spain Industrial Production Misses Expectations
Industrial production in Spain was slightly higher at 0.1 percent year-on-year in March of 2022, following a downwardly revised 2.8 percent jump in the previous month and well below market expectations of a 2.4 percent increase. Production decelerated for consumer goods (2.8 percent vs 6.2 percent in February) and energy (2.3 percent vs 2.6 percent), which offset declines in intermediate gods (-4.5 percent vs 4.5 percent) and capital goods (-1.2 percent v 2.2 percent). On a seasonally adjusted monthly basis, industrial output was 1.8 percent lower.
2022-05-06