The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index (IPI) data released by the National Statistics Institute (INE).
The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index #
This is the second consecutive monthly rise in textile production following an 18.1 percent rise in April achieved due to the least number of public holidays during the month.
The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index #
The positive performance of the Spanish textile industry in May is in contrast to the overall 1.3 percent drop in Spanish industrial production during the month, modaes.es reported.
The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index #
Garment production also increased for a second consecutive month. In May, garment sector output rose 1.2 percent, compared to a rise of 1 percent registered in April this year.
The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index #
Among the textile subsectors, the biggest increase in production was recorded in the manufacturing of fur articles which increased by 22.7 percent year-on-year, followed by yarn production which grew by 3.4 percent, while readymade garment (except fur) increased by 0.6 percent.
The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index #
However, production of knitted or crocheted garments decreased by 5.6 percent year-on-year, while textile finishing activity declined by 4.1 percent.
The output of the Spanish textile industry registered a 2.7 percent year-on-year growth in May 2013, as per the latest Industrial Production Index #
Fibre2fashion News Desk - India