Spanish industrial production shows less dynamism: activity falls 0.1% month-on-month in May

industrial production worker

BancaMarch : In Spain, this Friday, industrial production data have been published showing a lower dynamism: the sector’s activity fell by -0.1% monthly in May and previous data were revised downwards, which places the growth rate against last year at +0.4%, a rebound of two tenths compared to the previous month.

By sector, and in indices adjusted for seasonal and calendar effects, Non-durable consumer goods (+2.7%) presented the highest annual rate. On the other hand, energy (-1.3%) posted the lowest.

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