Seasonally adjusted March output came in at 0.6% vs 1.6% expected y/y and last month was revised down to 2.5% from 2.8%. The non adjusted numbers were 8.1% vs 2.0% exp y/y, Revised 2.7% from 3.1% prior.
Added to the German data of late I’m starting to wonder if there might be enough weakness still in the economy to warrant some ECB action.
Spain industrial output 08 05 2014
