New orders for Spain's industrial goods increased 1.1 percent from a year earlier in December 2019, recovering from an upwardly revised 20.3 percent slump in the previous month. Demand rebounded for durable consumer goods (2.9 percent vs -5.3 percent in November) and rose further for non-durable consumer goods (6.7 percent vs 5.3 percent). Also, demand fell at a softer pace for capital goods (-1.2 percent vs -47.3 percent) and intermediate goods (-2.7 percent vs -3.9 percent). Spain Industrial New Orders Received YoY - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Factory Orders in Spain averaged 1.80 percent from 2003 until 2019, reaching an all time high of 25.60 percent in November of 2018 and a record low of -33.60 percent in March of 2009. This page provides - Spain Factory Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: National Statistics Institute (INE)
Factory Orders in Spain is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Factory Orders in Spain to stand at 2.80 in 12 months time. In the long-term, the Spain Industrial New Orders Received YoY is projected to trend around 2.20 percent in 2021, according to our econometric models.