Press release 04/07/2002

 

INDUSTRIAL PRODUCTION INDEX (IPI) May 2002

INDUSTRIAL ACTIVITY IN THE A.C. OF THE BASQUE COUNTRY FELL 1.9% IN MAY 2002

A sharp decline in Oil Refining (-42.7%) and Mining Industries (-32.5%) affected the evolution of the General Index.

The Industrial Production Index of the A.C. of the Basque Country fell 1.9% in May 2002 with regard to the same period the previous year. The sharp fall in Oil refining (-42.7%) and Mining Industries (-32.5%) marked the General Index of Industrial Production in May. With this data, the accumulated rate for the first five months of the year showed a 0.2% increase on the same period the previous year, in homogeneous terms of working days.

In May 2002 the most positive inter-annual variations corresponded to the sectors of "Food Industry" (10.1%), "Transport Material" (6.1%), "Textiles and clothing (5.0%), "Other manufactured" (4.6%), "Paper, publishing and graphic arts (3.4%) and "Electric energy, gas and water" (3.4%),

Among the sectors that registered significantly negative inter-annual growth rates were the above mentioned "Oil refining" (-42.7%) and Mining Industries (-32.5%). Negative variations were also registered in May by the sectors: "Non-metal Industry" (-10.5%), Metallurgy and metal articles (-6.6%) and "Machinery" (-4.2%), among others.

By the economic destination of goods, the Index increased in May 2002 for Consumer Goods (2.7%) and decreased for Capital Goods (-3.2%) and Intermediate Goods (-1.7%).

The performance of the General Index of Industrial Production differed in the three Provinces, although it decreased in all three: Álava (-1.0%), Gipuzkoa (-1.2%) and Bizkaia (-2.9%).

 

(*) 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 IN THE A.C. OF THE BASQUE COUNTRY FELL 1.9% IN MAY 2002

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
Mayo de 2002
Last updated : 
07/04/2002
Next update : 
05/08/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0001927_i.html
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Eustat - Euskal Estatistika Erakundea - Instituto Vasco de Estadística

Eustat is the public organization that develops, produces and distributes official statistical information of the Basque Country

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