About: http://data.cimple.eu/news-article/247b422f67f9e8d951b25f0c374fc80266095813f2a3222243de3325

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rdf:type	schema:NewsArticle
schema:articleBody	Spanish industrial output fell by more than nine percent last year, its biggest plunge since 2009, owing to the coronavirus pandemic and a strict lockdown, official figures showed Monday. Data published by the National Institute of Statistics (INE) showed that output collapsed by 9.4 percent in 2020. In 2009, Spanish factory output plunged by 15.6 percent. The latest figures nonetheless also showed a slight upturn at the year's end, with December posting a 1.1-percent increase from the previous month owing to a pick up in energy production. "The health crisis caused by Covid-19 caused different industrial sectors to suffer acutely from the pandemic in 2020 with significant reductions in production, especially in March, April, May and June," INE said in reference to the months under lockdown. The biggest slump was recorded in consumer goods and business equipment, while perishable consumer goods and energy were the least affected. As the country emerged from the lockdown in June, factory output picked up even although the recovery was staggered in different sectors, with a noticeable rise in consumer durables and business equipment. Intermediate goods that are used in manufacturing have also done well, and in fact exceeded output levels posted in 2019. Spain's economy contracted sharply by 11 percent in 2020, one of the eurozone's worst results, with its key tourism sector battered by the pandemic. The annual output figure was largely in line with the government's forecast, while the International Monetary Fund had expected a sharper contraction of 12.8 percent. mig/hmw/mg/wai
schema:headline	Spanish factories post worst slump since 2009
schema:mentions	Eurozone World energy consumption 2020 Hubei lockdowns Industry Instituto Nacional Electoral International Monetary Fund Spain Pandemic Coronavirus disease 2019 Durable good Upturn
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-08 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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