Press release 06/03/2003

 

INDUSTRIAL PRODUCTION INDEX (IPI) January 2003

INDUSTRIAL ACTIVITY GREW 0.7% IN THE A.C. OF THE BASQUE COUNTRY IN JANUARY 2003

The Industrial Production Index rose 3.1% in Bizkaia and fell 0.3% in Alava and 1.5% in Gipuzkoa.

 

Industrial activity in the A.C. of the Basque Country rose 0.7% in January if compared with the same month the previous year in homogeneours terms of the working calendar, i.e. with the same number of working days. However, in absolute terms the General Index of Industrial Production underwent a 3.0% decrease, as January this year had one working day less than the year before.

Quarterly inter-annual growth of the corrected Industrial Production Index of the A.C. of the Basque Country 1997-2003

(*) Inter-annual growth corrected for January 2003

Source: EUSTAT

In January 2003 the most positive inter-annual variations corresponded to the sectors: "Transport material" (8.2%), "Rubber and plastic" (6.0%), "Textiles and clothing" (5.7%) and "Electric material " (5,3%).

Among the sectors that offered negative inter-annual rates were firstly "Leather and footwear industry" (-16.7%), followed by "Metal and non-metal minerals" (-15.6%), "Other manufactured" (-14.7%) and "Non-metal industry" (-10.0%).

Intermediate Goods and Capital Goods presented positive rates of 3.0% and 8.3%, respectively in the past month of January, while Consumer Goods fell 4.7% with regard to January 2002. In absolute terms, Capital Goods rose 3.4%, while Intermediate Goods fell slightly by –0.5% and Consumer Goods fell more sharply by –8.4%.

The performance of the General Index of Industrial Production varied in the three provinces. On the one hand there was substantial growth of 3.1% in Bizkaia, and on the other there were declines of 0.3% in Alava and 1.5% in Gipuzkoa, measured in homogeneous terms of the working calendar. In absolute terms there was an inter-annual decrease in the three provinces; -0.4% in Bizkaia and –4.1% and -5,4% in Alava and Gipuzkoa, respectively.

 

(*) Corrected for working days.

Source: EUSTAT

 

 

For further information:

Euskal Estatistika Erakundea / Instituto Vasco de Estadística

C/Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz

Tel: 945-01 75 00 Fax: 945-01 75 01 E-mail: eustat@eustat.eus

Contact person: Luis Carlos Jorge Alonso

Tel: 945-01 75 14 Fax: 945-01 75 01

Press releases on the Internet: www.eustat.eus

 



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INDUSTRIAL ACTIVITY GREW 0.7% IN THE A.C. OF THE BASQUE COUNTRY IN JANUARY 2003

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
Enero de 2003
Last updated : 
03/06/2003
Next update : 
07/04/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
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Licence : 
Creative Commons
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http://en.eustat.eus/elementos/not0001985_i.html
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