October Spain's textile industry production rose 2.4% year-on-year

In October 2013, the output of the Spanish textile industry increased by 2.4% year-on-year, according to the latest Industrial Production Index (IPI) disclosed by the Spanish National Bureau of Statistics.

According to the statistics of the Spanish National Bureau of Statistics, the growth of the industrial production index of the textile sector in October has decreased compared with September of this year. The index of industrial production in September increased by 9.8% year-on-year.

In October this year, the industrial production index of the apparel sector increased by 8.6% year-on-year.

In October this year, the industrial production index of all industries in Spain fell by 0.8% year-on-year. The industrial production index in October was 2 points lower than that in September.

The industrial production index is a measure of industrial development and productivity indicators, including extraction of industrial and manufacturing sectors. The index only reflects the quantity and quantity of products and cancels the price effect. This statistical method is consistent with the EU countries.