SPAIN INDUSTRIAL PRODUCTION FALLS 5.1% IN FEBRUARY
Date: 11/04/2012
Industrial production in Spain fell 5.1% in February on an annual basis, the national statistics office reported on Wednesday. That compares to a 4.3% fall, revised down from 4.2%, in January. On a monthly basis, industrial production fell 3% against a 2.5% drop in January. The statistics office said all industrial sectors, outside of energy, showed monthly drops in production, and all 12 autonomous communities recorded negative production in February. The data come as Spain is in the spotlight over deficit and economic worries. Yields for Spain's 10-year government bond were steady on Wednesday at 5.94%, but a day prior jumped 19 basis points, edging closer to the closely watched 6% level.
Powered by Commodity Insights
No comments:
Post a Comment