May 5 (Bloomberg) -- Spanish industrial production rose for the first time in two years in March, signaling the economy may have started to emerge from a recession.
Output at factories, refineries and mines rose 5.4 percent from a year earlier, adjusted for the number of working days, after slipping 1.9 percent in February, the National Statistics Institute said today in an e-mailed statement from Madrid. It was the largest increase since January 2006, and compares with a median forecast of 1.3 percent in a Bloomberg News survey of four economists.
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