Press release 04/12/2002

INDUSTRIAL PRODUCTION INDEX (IPI) October 2002

INDUSTRIAL ACTIVITY IN THE A.C. OF THE BASQUE COUNTRY ROSE 3.4% IN OCTOBER 2002

As October had one working day more than last year, the General Index remained invariable (0.0%) in homogeneous terms of the working calendar.

 

The Industrial Production Index of the A.C. of the Basque Country rose 3.4% in October 2002, with regard to the same month the previous year, according to EUSTAT data. Measured in homogeneous terms of working days, however, the General Index of Industrial Production remained stable (0.0%), as the month of October had one working day more than October 2001. With this data, the accumulate rate for the first ten months of the year obtained a 0.8% increase on the same period the previous year in aboslute terms.

Quarterly inter-annual growth of the corrected Industrial Production Index of the A.C. of the Basque Country 1997-2002

(*)Inter-annual growth corrected for October 2002

Source: EUSTAT

In the month of October 2002, the most positive inter-annual variations corresponded to the sectors of "Electric energy, gas and water" (12.7%), "Non-metal industry" (10.0%), "Transport material" (9.3%), and "Electric material" (8.8%), among others.

Among the sectors that showed the most negative inter-annual rates were "Oil Refining" (-25.3%), "Textiles and clothing" (-19.8%), "Food industry" (-1.5%) and "Rubber and plastic" (-1.1%), mainly.

Consumer Goods experienceda 1.0% positive evolution, in absolute terms, in the first ten months of the year, Intermediate Goods rose 0.3% while Capital Goods accumulated a 2.1% fall on the same period the previous year.

The variations in the General Index of Industrial Production for October 2002 with regard to the same month last year, were positive in the three provinces: Álava (5.9%), Bizkaia (3.9%) and Gipuzkoa (1.7%).

In the balance of the first ten months of the year, without correcting for working days, the provincial performance was quite different. In Gipuzkoa there was a 1.4% decrease, followed by Bizkaia with a 0.8% fall and finally Alava which registered a slight 0.4% increase.

 

(*) 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 ROSE 3.4% IN OCTOBER 2002

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
Octubre de 2002
Last updated : 
12/04/2002
Next update : 
07/04/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
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Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0001960_i.html
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