SEPTEMBER OUTPUT FELL 1.7 PERCENT IN SPAIN

SEPTEMBER OUTPUT FELL 1.7 PERCENT IN SPAIN

Spain's industrial production index fell 1.7 percent in September, after a 2.4 percent drop in August, the National Statistics Institute said.

Average production for the first nine months was down 6.6 percent over the same period last year.The biggest September drop was in precision tools, which fell 5.0 percent, followed by energy with 4.5 percent and intermediate goods with 2.9 percent. Capital goods were down 0.1 percent.

Over the nine months, precision tools fell 11.5 percent, capital goods 8.9 percent and intermediate goods 6.5 percent.