(Finance) – Contrasted data arrives from industrial production in Spain in May 2023. According to the National Statistics Office (INE), production is down 0.1% year over year, compared to -1% in the previous month (data revised from a preliminary figure of -0.9%). Analyst estimates were for a 0.5% drop.
The figure is corrected for seasonality and calendar effects, while theraw index marks a +0.2%.
In addition, one registered monthly climb of 0.6% after the -1.9% of the previous month.