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Spanish statistical office INE released its industrial production figures for Spain on Monday. Industrial production in Spain was up 0.8% in May, after a 0.1% gain in April.
On a yearly basis, industrial production in Spain climbed at adjusted 3.4% in May, after a revised 1.7% increase in April.
The increase was driven by a rise in all subindexes. Output of capital goods jumped 6.2% in May, output of intermediate goods climbed 4.9%, energy production was up 3.3%, while consumer goods output rose 0.3%.
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