The Spanish industrial production grew at a rate of 1.7% year -on -year in Mayexceeding the 0.6% increase seen in April, as published by the National Statistics Institute (INE). This is the greatest growth seen by the indicator so far this year.
At a monthly level, production increased 0.6% in May after 0.7% fall the previous month.
Euro reaction
The euro has barely varied after the publication, placing at the time of writing about 1,1778 against the dollar, winning 0.18% in the day.
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: Old Jul 04, 2025 07:00
Frequency: Monthly
Current: 1.7%
Dear: –
Previous: 0.6%
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.
