Fall in output fuels Spanish recession fears

The General Industrial Production Index (IPI) in Spain experienced a reduction of 9.5% in June 2008, in
comparison with the same month of the previous year. Article reports that this stoked fears of an imminent recession in Europe’s fifth-largest economy.

Spain: Instituto Nacional de Estasidistica (INE) http://www.ine.es/welcoing.htm

INE: Press Release, 6.8.08: Industrial Production Index. Base 2000, June 2008 http://www.ine.es/en/daco/daco42/daco422/ipi0608c_en.pdf

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