Industrial production in Spain rose in February after a stagnation last month, a sign that factory activity was gaining ground in the middle of the first quarter of the year.
Industrial production increased 0.9% in February compared to the previous month, according to the INE statistical service.
This is the first increase in three months, as industrial production fell in December and remained unchanged in January.
Industrial production is 3% higher than it was a year ago.
The Spanish economy grew 5.1% in 2011 as it recovered from the recession caused by the pandemic a year ago.
However, growth is expected to have lost momentum in the first quarter of the year, given the uncertainty stemming from the war in Ukraine and high energy prices.
Source: Capital
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