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Spanish economy recovering, the first positive signs in industry are also arriving in France

The signs of recovery of the Spanish economy are strengthening: in November, industrial production increased by 2,7% compared to the same period of 2012 – The first positive signs in industry were also registered in France: again in November, production grew by 1,3% after the 0,5% drop recorded in October.

Spanish economy recovering, the first positive signs in industry are also arriving in France

The signs of recovery of the Spanish economy are increasingly strong. The data comes from the national statistical institute and sees industrial production rising by 2,7% in November compared to the same month in 2012.

The leap of 2,7% represents the second positive change in industrial production in the last 16 months, before November the other positive number had arrived in September (+1,4%).

Positive numbers also for France: Insee announced that industrial production grew by 1,3% in November after the 0,5% drop recorded in October. However, analysts had expected an increase of 0,4%.

The Bank of France confirmed its estimate of 0,5% growth in French gross domestic product in the fourth quarter of 2013. It also indicated that, according to the businessmen interviewed to establish its summary indicator of monthly activity, an accelerated it is expected in January in services and in particular in industry, where entrepreneurs expect a clear improvement in their activities.

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