FX.co ★ Spain’s Industrial Output Growth Cools Sharply in June, Signaling Manufacturing Slowdown

Spain’s industrial production growth lost momentum in June 2026, with year-over-year expansion slowing to 1.1% from 3.1% in May, according to data updated on 6 August 2026. The figures compare industrial output in each month to the same period a year earlier.

The sharp deceleration suggests Spanish manufacturing is encountering a more challenging environment after a relatively stronger performance in May. While output is still growing on an annual basis, the weaker June reading points to fading industrial momentum as the middle of 2026 approaches, a development investors and policymakers will be watching for signs of a broader economic cooling.