Photo: Marina Shumilina
Spain: Shoe production plummets
Footwear production in Spain continued its rapid decline in February 2026. According to the National Statistics Institute (INE), the Industrial Production Index (IPI) for the footwear industry fell by 29,1% in February 2026 (11,8% less than in January 2026), adjusted for seasonal and calendar factors, compared to the same month in 2025.
Overall, the annual rate of decline in the industrial production index in January was 1,1%, taking into account seasonal and calendar factors.
The Industrial Production Index (IPI) is a short-term indicator measuring the monthly dynamics of production activity in industrial sectors. The IPI measures the combined dynamics of quantity and quality, excluding the impact of prices. It is derived from an ongoing monthly survey, covering over 11,500 enterprises each month.
Source: revistadelcalzado.com
Footwear production in Spain continued its rapid decline in February 2026. According to the National Statistics Institute (INE), the industrial production index…
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