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Spanish textile production surges 17.6% in April'13
11
Jun '13
The production in Spanish textile and apparel sector increased at an annual rate of 17.6 percent in April 2013, on the Industrial Production Index (IPI) released by the National Statistics Institute (INE).
 
The sharp increase in the textile and garment production during the month is the highest since March 2010, and has come after two consecutive monthly declines.
 
The 17.6 percent rise in textile and garment production far outpaced the overall IPI growth of 7.3 percent registered during the month, modaes.es reported.
 
To an extent the huge rise in textile and apparel production can be attributed to the least number of public holidays in April this year. If the calendar effects are corrected, the increase in textile and clothing sector production would stand at 8.9 percent, still greater than the overall IPI growth, INE data showed.
 
Among the textile and garment products, the largest annual rise in April was witnessed in the manufacturing of articles made from fur, which grew by 40.7 percent; followed by other textile products, 21.6 percent; yarn manufacturing, 19.8 percent; textile processing, 16.6 percent; and knitwear, 2.1 percent.
 

Fibre2fashion News Desk - India


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