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Published on Friday, May 8, 2015

Spain | March's Industrial Production (IPI) closed the best quarter in four years

Industrial production (IPI) chains three consecutive upside surprises until March, which entailed breaking the downward trend observed in 2H14. Thus, the first quarter resulted in a overall quarterly pick up in Industrial activity (average 1.4% QoQ swda), the best figures since 4Q10

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IPI_mar15

Spanish - May 8, 2015

Authors

Camilo Ulloa
Camilo Ulloa Principal economist for Spain & Portugal
BBVA Research
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