The Spanish industrial production grew by 1% per year in the month of March After having fallen 1.9% in February and 1.2% in January, as reported by the National Statistics Institute (INE).
At a monthly level, the indicator rose 0.9% After increasing 0.7% the previous month, registering its greatest increase in three months.
Euro reaction
The euro has lost about 15 pips in the last minutes, sliding to minimum of the day against the dollar in 1,1270 despite the Good industrial production data from Spain and Germany. At the time of writing, the par quotes over 1,1273, losing 0.23% 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:
play May 08, 2025 07:00
Frequency:
Monthly
Current:
1%
Dear:
–
Previous:
-1.9%
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.
