Spain output falls again, but chem production rises 25.2%

08 August 2012 16:07  [Source: ICIS news]

LONDON (ICIS)--Spanish industrial production fell by 6.9% year on year in June, meaning recession-hit Spain suffered a decline in output for a tenth straight month, the National Statistics Institute in Madrid, INE, said on Wednesday.

The manufacture of chemical products, however, climbed by 25.2%, according to the latest figures from INE.

Production of intermediate goods fell 8.1%, capital goods output sank 13.4% and the manufacture of non-durable consumer goods declined 2.5%, the statistics institute said.

Another notable gain in production was seen in the pharmaceutical specialities segment, which increased by 6.2%, it added.

By: Will Conroy
+44 20 8652 3214

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