Spain's industrial production rises by 5 pct in August

Spain's industrial production rose by 5 percent in August in comparison with the same month of a year earlier, according to the Index of Industrial Production (IPI) published on Tuesday by the Spanish Statistical Office (INE).

Production of consumer goods rose by 4.8 percent with production of durable consumer goods and non-durable consumer goods rising by 7.9 percent and 4.6 percent respectively.

Production of capital goods rose by 11 percent and production of energy and intermediate goods rose by 1.6 percent and 5.3 percent respectively.

Spain's industrial production fell by 1.4 percent from July to August, with durable consumer goods, intermediate and non-durable consumer goods production rising by 0.7 percent, 0.3 percent and 0.2 percent respectively.

On the other hand, production of capital goods fell by 2.7 percent and that of energy decreased by 5.6 percent.

Spain's industrial production has been rising for seven consecutive months on a year-on-year basis. Endit