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Spain industrial output growth eases in June

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Staff Writer |
Spain industrial
Europe   Industrial output rose by adjusted 0.5% annually

Spain's industrial production grew at a slower pace in June, the statistical office INE said Wednesday.

Industrial output rose by adjusted 0.5% annually after expanding 1.3% in May.

On an unadjusted basis, industrial production fell 2%, in contrast to a 1.3% rise a month ago.

Month-on-month, industrial output dropped 0.6% in June, reversing May's 0.8% rise.

Among components, energy production declined the most in June, by 8.3% on year. Consumer goods output slid 0.7%. Meanwhile, capital goods and intermediate goods output gained 4.2% each.

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