Industrial production continues to increase with 6.4% increase in June

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this industrial production In Spain, it increased by 6.4% in June Compared to the same month of 2021, it was the second consecutive recovery after a May in which it recorded the highest increase in eleven months (6.9%).

The June increase was driven by increases in energy (14.5%) and capital goods production (10.5%), according to the industrial production index (IPI) released this Friday by the National Institute of Statistics (INE).

Production of consumer goods also increased by 6%Non-durable goods (6.1%) were more concentrated than durable goods (5.3%), but intermediate goods manufacturing fell by 0.7%.

The detail of the business lines reveals that the biggest increases in production were recorded in 1.to the manufacture of motor land vehicles (26%), coke plants and oil refinery (22.8%), clothing manufacturing (16.9%), electricity supply (15.9%), graphic arts (11.3%) and footwear industry (11.1%).

In its place, metallurgy (10%), mining industries (6.5%), electrical materials and equipment manufacturing (2.2%), machinery and equipment manufacturing (2.1%) and the chemical industry (0.5%).

Only three autonomous communities have reduced their industrial production In June -La Rioja (4.7%), Cantabria (3.4%) and Castilla y León (2.2%) – increased the Balearic Islands (32.9%) and, to a lesser extent, Castilla-La Mancha ( 14.6%) and Aragon (12.5%).

After adjusting the data for seasonal and calendar effects, industrial production increased by 7% compared to June 2021 and increased by 2.5 points compared to May.

Again in adjusted terms, the increase in IPI is explained by the good performance of energy production (14.4%) and capital goods (10.8%) as well as consumer goods (7.1%), while intermediate goods production continues in practice. It was unchanged, up 0.1%.

Looking at the monthly development, adjusted industrial production increased by 1.1% compared to May, up one point compared to the previous month and the third month in a row.

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