logo
  

Spain's Industrial Output Growth Accelerates

Spain's industrial production accelerated for the second straight month in February, data from the statistical office INE showed Friday.

Industrial production advanced working-day adjusted 0.6 percent from last year, faster than a revised 0.1 percent rise in January. It was forecast to edge up 0.1 percent.

On an unadjusted basis, industrial output grew 1.1 percent reversing January's 2.5 percent fall.

Production of capital goods and intermediate goods increased 3 percent and 1.5 percent respectively. Meanwhile, consumer goods production declined 1.8 percent. Energy output remained flat from last year.

Month-on-month, industrial production rose 0.7 percent in February compared to a flat change a month ago.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT