Industrial production in Spain declined 1.6% year-on-year in July, in contrast to the 3.2% rise in the previous month, the Madrid-based National Statistics Institute said on Wednesday. Economists had forecast a 2.8% increase.
Production of capital goods fell 6% and that of non-durable consumer goods was down 1.8%. On the other hand, output in the energy sector increased 5.7%.
On a calendar adjusted basis, industrial production was up 0.5%.
Region-wise, industrial production recorded steep declines in the Balearic Islands and Madrid. Asturias recorded the fastest rate of positive growth.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.