Spanish industrial production closes 2025 with average increase of 1.3%, marking two consecutive years of growth

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CdM | Industrial production rose by an average of 1.3% in 2025 compared to the previous year, according to data from the General Industrial Production Index (IPI) published by the National Statistics Institute (INE). This marks two consecutive years of growth. It also represents the largest increase since 2022.

By sector, those with the highest average increase were the manufacture of other transport equipment (5.8%), extractive industries (4.9%) and electricity and gas supply (4.6%). Conversely, the sectors with the largest declines were leather and footwear (down by 8.7%), clothing manufacture (5.6%) and motor vehicle manufacture (4.5%).

By sector, the most notable increases were in energy (3.9%), non-durable consumer goods (1.3%), intermediate goods (0.9%) and durable consumer goods (0.3%).

By Autonomous Community, Andalusia showed the highest increase (8.8%), ahead of Castile and León (6.2%) and the Balearic Islands (4%), while the Chartered Community of Navarre suffered the largest decline (2.6%), along with the Basque Country (2.3%) and the Valencian Community (1.3%).

As for the data for December, the last month of 2025, industrial production rose by 2.8% year-on-year, six tenths of a percentage point above the previous month. This marks seven consecutive months of growth.

Adjusted for seasonal and calendar effects, it fell by 0.3%, breaking the nine-month streak of increases. This rate was 4.9 points lower than that recorded in November. It is also the lowest rate since February 2025. Energy showed the highest annual rate (3.9%) and durable consumer goods the lowest (down by 2%).

By autonomous community, the annual rate of industrial production increased in eight in December and decreased in the other nine.

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The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.