MNI BRIEF: US Nov Existing Home Sales Jumps 4.8% To 4.15M

MNI BRIEF: BOE Leaves Rates Unchanged In 6-3 Vote Split

MNI BOE WATCH: Bank Keeps Rate At 4.75%, But Three Vote To Cut

MNI BRIEF: CNB Pauses Easing Cycle As Expected

MNI China Daily Summary: Thursday, December 19

MNI BRIEF: China Working On Trade-in Scheme Expansion - MOFCOM

US EIA:NAT GAS STORAGE -125 BCF TO 3,622 BCF DEC 13 WK

MNI: US NAR: NOV EXISTING HOME SALES 4.15M SAAR

MNI: US DEC PHILADELPHIA FED MFG INDEX -16.4

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SPAIN DATA: Spain Industrial Production Marginally Firmer Than Consensus

SPAIN DATA
CommoditiesCEEMEAEurozoneEnergy BulletsSpainBulletPower BulletsGlobalRegion

Spain September industrial production was a tenth higher than consensus on a monthly basis printing 0.5% M/M (vs -0.1% prior). On a seasonally and calendar adjusted annual basis it also exceeded expectations at 0.6% Y/Y (vs 0.2% consensus, -0.1% in August) - the highest reading since February 2024.

  • The higher than above M/M reading was driven by non-durable consumer goods reading 1.1% M/M (vs -1.1% in August), whilst durable consumer goods production capped the upside move printing -1.7% M/M (vs 3.3% in August) . 
image.png

 

83 words

To read the full story

Close

Why MNI

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.

Spain September industrial production was a tenth higher than consensus on a monthly basis printing 0.5% M/M (vs -0.1% prior). On a seasonally and calendar adjusted annual basis it also exceeded expectations at 0.6% Y/Y (vs 0.2% consensus, -0.1% in August) - the highest reading since February 2024.

  • The higher than above M/M reading was driven by non-durable consumer goods reading 1.1% M/M (vs -1.1% in August), whilst durable consumer goods production capped the upside move printing -1.7% M/M (vs 3.3% in August) . 
image.png