스페인 - 산업 생산

Spain's industrial output dropped 1.3 percent from a year earlier in October of 2019, worse than market expectations of a 0.5 percent fall and after a downwardly revised 0.6 percent increase in the previous month. Output dropped for energy (-4.4 percent vs 2.5 percent in September); consumer goods (-0.7 percent vs 0.5 percent) and intermediate goods (-2.0 percent vs -1.4 percent) while capital goods production advanced at a softer pace (0.8 percent vs 2.4 percent). On a monthly basis, industrial production shrank 0.4 percent, following a 0.8 percent decrease in September.

Industrial production in Spain rose 0.8 percent year-on-year in September of 2019, below a 1.4 percent increase in August and compared with market expectations of 1.6 percent. It is the lowest annual gain in industrial output since a 2.9 percent drop in March. Production of non-durables slowed (1.7 percent compared to 1.9 percent in August) and continued to fall for durables (-0.5 percent compared to -3.2 percent) and intermediate goods (-1.5 percent compared to -1 percent). On the other hand, production rose faster for equipment goods (2.1 percent compared to 1.9 percent) and energy (3 percent compared to 1.9 percent). On a monthly basis, industrial output dropped 0.8 percent after a 0.6 percent gain in August.

Spain's industrial production rose 1.7 percent from a year earlier in August 2019, following an upwardly revised 1.2 percent growth in the previous month and easily beating market expectations of a 0.1 percent increase. Consumer goods production rose at a faster 3.2 percent (vs 2.4 percent in July) and capital goods output rebounded 2.9 percent (vs -0.5 percent in July). Meanwhile, energy production growth slowed sharply (1.7 percent vs 7.1 percent) while intermediate goods output continued to contract (-0.7 percent vs -1.9 percent). On a monthly basis, industrial production jumped 0.9 percent, after a 0.2 percent fall in July.

Spain's industrial production rose 0.8 percent from a year earlier in July 2019, following a downwardly revised 1.6 increase in the previous month and below market expectations of a 1.5 percent gain. It was the smallest annual increase in industrial activity since March, as output fell for capital goods (-2.2 percent vs 3.0 percent in June) and intermediate goods (-2.0 percent, the same pace as in the previous month). On the other hand, production advanced faster for energy (7.4 percent vs 5.9 percent) and consumer goods (2.2 percent vs 2.1 percent), of which non-durable consumer goods (2.7 percent vs 2.6 percent). On a monthly basis, industrial output declined 0.4 percent, after a 0.2 percent drop in the preceding month.

Spain's industrial production growth picked up to 1.8 percent year-on-year in June 2019 from 1.4 percent in the previous month and above market expectations of 0.8 percent. Energy production jumped 5.8 percent (vs 0.6 percent in May) and capital goods output rose at a faster 3.7 percent (vs 2.1 percent in May). Meanwhile, consumer output growth eased to 2.3 percent from 5.4 percent, while intermediate goods production dropped 1.9 percent, compared to 1.6 percent fall in May. On a monthly basis, industrial output shrank 0.2 percent, after a 0.3 percent growth in May.

Spain's industrial output rose 1.4 percent year-on-year in May of 2019, easing from an upwardly revised 1.8 percent gain in the previous month and against market expectations of a 0.1 percent fall. Output slowed for capital goods (1.7 percent from 2.9 percent in April) while it fell for durable consumer goods (-4.1 percent from 1.7 percent) and intermediate goods (-1.5 percent from -1.6 percent). On the other hand, production rebounded for energy (1.3 percent from -2.4 percent) and advanced further for non-durable consumer goods (4.8 percent from 2.9 percent). On a monthly basis, industrial production edged up 0.3 percent, following a 1.8 percent rise in April.