Spain, June industrial production -1% on month, -3% on year

Spain June industrial production 1 on month 3 on year

(Finance) – The industrial production in Spain in June 2023. According to the National Statistics Office (INE), production is down 3% year over year, compared to -0.6% in the previous month (data revised from a preliminary figure of -0.1%). Analyst estimates were for a drop of 1.7%.

The figure is corrected for seasonality and calendar effects, while theraw index marks a -1.4%.

In addition, one registered 1% monthly drop after the +0.5% of the previous month.

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