Free Trial

MNI: SPAIN DATA: Industrial Production (Jun 2019)....>

MNI: SPAIN DATA: Industrial Production (Jun 2019)
- Spain's industrial production contracted for the first time in three months,
although less than markets expected 
- IP fell by 0.2% on the month (vs Bbg consensus -1.0%)...
-...leaving the annual rate at 1.8% in June after April's reading of 1.4%
- The downturn stems from a decline of consumer non-durables (-1.0%) and
intermediate goods (-0.2%)...
-...while consumer durables (1.6%), capital goods (1.1%) and energy (0.9%)
posted monthly gains
- On the year production rose across all sectors including consumer durables
(0.3%), consumer non-durables (3.0%), capital goods (3.7%) and energy (5.8%)...
-...except for intermediate goods (-1.9%) where annual production declined

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.