2020.04.0309:48:00UTC+00Spain Industrial Production Decline Slows In February

Spain's industrial production fell at a softer pace in February, data from the statistical office INE showed on Friday.

Industrial production declined a calendar adjusted 1.3 percent annually in February, following a 2.2 percent fall in January.

Energy output had the biggest decline of 4.1 percent annually in February and non-durable consumer goods decreased 1.2 percent. Meanwhile, durable consumer goods remained unchanged.

On an unadjusted basis, industrial output rose 0.1 percent in February, after a 3.8 percent decline in the preceding month.

On a month-on-month basis, industrial production remained unchanged in February.