MADRID: Spain’s industrial production rose by 7.5 percent in June when compared with the same month in 2014, according to the Index of Industrial production (IPI) published here the other day by Spain’s Statistical Office (INE).
The INE has said that “the rate is more than six points higher than that of May”, when industrial production had risen by 1.4 percent.
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Production of consumer goods rose by 4.4 percent, with production of durable consumer goods and non-durable consumer goods rising by 8.4 percent and 4 percent respectively.
The INE said production of capital goods, intermediate goods and energy rose by 15.2 percent, 6.6 percent and 4.7 percent respectively.
Spain’s industrial production has been rising for five consecutive months on a year-on-year basis and June’s rate is the highest since March, 2014 when industrial production had risen by 8.1 percent.
Meanwhile, on a month-to-month basis, Spain’s industrial production rose by 0.4 percent.
Production of durable consumer goods and capital goods rose by 1.7 percent and production of energy rose by 0.6 percent between May and June, while production of non-durable consumer goods and intermediate goods fell by 0.5 percent and 0.4 percent respectively.
