industrial production

Spanish economy 19th July 2024

Spanish industry turnover returns to negative rates in May: – 1.4%

Industry turnover fell by 1.4% in May compared to the same month in 2023, according to data released on Thursday by the National Statistics Institute (INE). With the decline in May, industry sales return to negative rates after having registered in April its highest increase since October 2022, with a year-on-year rise of 14.2%.Adjusted for seasonal and calendar effects, industry sales fell by 0.5% year-on-year in the fifth month of…

European economy, In Europe 9th May 2023

Germany’s industrial production falls more than expected in March

Bankinter : Industrial Production falls more than expected in March. The year-on-year rate remains positive On a month-on-month basis, Industrial Production fell by -3.4% in March versus -1.5% year-on-year and +2.1% year-on-year. On a year-on-year basis, it remains positive +1.8% from +0.7% year-on-year. Assessment: The rapid rise in global interest rates is affecting the demand for industrial goods in Germany. The same trend was evident in Germany’s March Factory Orders…

Spanish economy 12th January 2023

Industrial production in Spain falls 0.7% month-on-month in November and 1.1% year-on-year

Banca March| The data for the industrial sector published in France and Spain have not brought very much news. It should be noted that in France the figures came as a surprise on the upward side, with industrial production rising by 2% month-on-month. Despite this rebound, if we compare with this with industrial production levels of 12 months ago, the fall in the sector’s activity in November was 0.1%. On…

Spanish economy 3rd November 2022

Spanish industry, the hardest hit in Europe

Spain’s industrial sector slowed in October as a result of a sharp rise in production costs and a slump in demand across the Old Continent, where figures “clearly indicate that the manufacturing economy is in recession”. Spain’s Purchasing Managers’ Index fell by 4.3 points to 44.7 in October, both the worst figure among the major European countries and the biggest decline of all. And the worst figure since the coronavirus…

In Europe 11th July 2014

Industrial Production: Will there actually be an acceleration in 2S14?

MADRID | The Corner | After France and Italy’s (second and third most important countries in the single currency bloc) poor industrial production data of -1.9% (vs previous -0.51%) and +1.4% (vs previous +0.2) respectively, expert at Barclays Alberto Vigil wonders why analysts are so sure that there will be an acceleration in the 2S14.

*The green line is the Eurozone’s GDP, whereas the other two are Italy’s and France’s industrial production.

Markets 8th July 2014

Germany’s monthly decline is the biggest in two years

MADRID | The Corner | European and US markets fell on Monday while waiting for the Wall Street’s quarterly results season to begin. The session began without a clear trend, but the European markets went downwards when Germany published disappointing industrial production data in May. This monthly decline is the biggest in two years and might be the result of the 1^st May long weekend and the geopolitical tensions deriving from the crisis in Ukraine.

In Europe 12th June 2014

Industrial production gives EZ a break –weak inflation still poses concern

MADRID | The Corner | After a sluggish start, growth seems to pick up in the euro area. The 18 countries sharing the common currency showed an industrial production rise of +0.8% in Apr 2014 over Mar 2014, and +1.4% over Apr 13, according to Eurostat.

In Europe 15th October 2013

Euro area Industrial production: fragile recovery underway

LONDON | By BARCLAYS | Euro area industrial production rose significantly by 1.0% m/m in August, broadly in line with our expectations (+0.9% m/m, consensus: +0.8% m/m). This increase offset the drop recorded in July entirely.

In Europe 11th June 2013

Italian exports too little for ailing economy

MADRID | By Julia Pastor | Unlike Spain, where the external sector is supporting the economy, Italian exports fell by 1.9% in 1Q13, its worst register from 1Q09. The country’s GDP dropped by 0.6%, and April’s industrial production by 0.3%.

In Europe 15th May 2012

Euro area’s industrial production fell 0.3pc in March after February’s 0.8pc rise

In March 2012 compared with February 2012, seasonally adjusted industrial production fell by 0.3% in the euro area and by 0.4% in the EU. In February production rose by 0.8% and 0.4% respectively. In March 2012 compared with March 2011, industrial production dropped by 2.2% in the euro area and by 1.9% in the EU. These estimates were released this week by Eurostat, the statistical office of the European Union. In March 2012 compared with…

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