The Spanish industrial production fell 1.9% per year in Februaryregistering its greatest decrease since December 2023, as published by the National Statistics Institute (INE). The previous data of January has been reviewed down, showing a 1.2% drop compared to the 1% decrease published a month ago.
By sectors, energy (0.5%) presented the only positive annual rate. On the contrary, Team goods (-4.0%) registered the greatest decrease.
At the monthly level, the indicator rose 0.7% after falling 1.2% the previous month.
Euro reaction
The euro continues to show strength after the strong increase experienced yesterday. The EUR/USD pair is currently quoting about 1,1059, winning 0.48% in what we have on Friday.
Economic indicator
Industrial Production (Yoy)
Industrial production published by the National Statistics Institute It shows the production volume of Spanish industries, such as factories and manufactures. An increase is considered inflationary and can anticipate an increase in interest rates. In general, a high reading is considered positive (or bullish) for the euro, while a low reading is considered negative (or bassist).
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Last publication:
VI ABR 04, 2025 07:00
Frequency:
Monthly
Current:
-1.9%
Dear:
–
Previous:
-1%
Fountain:
INE
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
