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Spain’s December industrial output rises 1.3% y/y – Metro US

Spain’s December industrial output rises 1.3% y/y

People work in a textile factory in Madrid
People work in a textile factory in Madrid

(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 1.3% year-on-year in December, official data from the country’s national statistics institute (INE) showed on Tuesday.

Analysts polled by Reuters expected an increase of 4.4% in December.

(Reported by Marta Serafinko, editing by Inti Landauro)