Spain’s industrial production rose 2.3% YoY and 1.0% MoM in June 2025 (seasonally and calendar adjusted), accelerating from May. The unadjusted YoY rate came in higher at 4.9% YoY.

• Energy output led with +7.5% YoY growth (adjusted), while Consumer Durables posted the weakest gain at +0.1% YoY.
• Capital Goods rose +4.7% YoY, followed by Consumer Non-Durables (+1.3% YoY) and Intermediate Goods (+0.8% YoY).
• The adjusted MoM increase of 1.0% was 0.5pp higher than in May.
• The unadjusted index rose 4.9% YoY, up from -1.0% YoY in May.