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Market Commentary and Intraday News
Spain's Industrial Production Continues To Fall
258 days ago
(RTTNews) - Spain's industrial production continued to decline in July, the statistical office INE said Friday.
Production was down by working day adjusted 5.4 percent in July from a year ago, slower than the 6.1 percent decrease seen in June. However, the rate of decline exceeded the 5.2 percent drop forecast by economists.
On an unadjusted basis, overall production slipped only 2.6 percent year-on-year after easing 6.8 percent in June.
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