Spain's Industrial Output Growth Rises In October

Spain's industrial production grew at a faster pace in October, the statistical office INE said Friday.

Industrial production climbed by adjusted 1.2 percent year-on-year, faster than the 1 percent increase seen in September. It was forecast to grow 1.5 percent.

Meanwhile, the annual growth in industrial output on an unadjusted basis slowed to 0.6 percent from 3.6 percent a month ago.

On a monthly basis, industrial output fell 0.5 percent after rising 0.6 percent in September.

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