Press release 08/09/2003

INDUSTRIAL PRODUCTION INDEX (IPI) JULY 2003



Industrial activity in the A.C. of the Basque Country grew 1.9% in July 2003



Higher growth in the Industrial Production Index in Gipuzkoa than in Alava and Bizkaia.


Industrial production in the A.C. of the Basque Country in July 2003 grew 1.9% with regard to the same month in 2002, both in absolute and homogeneous terms of the working calendar, according to EUSTAT data. The accumulate growth rate for the first seven months of the year with regard to the same period the year before, showed growth of 1.2% in absolute terms and a 1.0% increase in homogeneous terms of the working calendar.




In July 2003 the most positive inter-annual variations, in absolute terms, corresponded to the sectors of “Oil Refining” (28.8%), "Textiles and clothing" (9.0%), "Electric material” (5.4%), "Rubber and plastic" (5.3%) and “Food industry" (4.8%).


The sectors with the most negative inter-annual growth rates were "Leather and footwear industry" (-8.5%), "Metal and non-metal minerals" (-7.1%), "Timber industry" (-5.3%) and “Other manufactured" (-4.2%).


According to the economic destination of the goods, the inter-annual rates for July 2003 grew for Capital Goods (2,4%) and Intermediate Goods (0.9%), while the rate for Consumer Goods fell by -0.3%.


Over the first seven months of the year, the highest accumulate growth, in absolute terms, corresponded to the sectors of “Oil Refining” (15.9%), "Textiles and clothing" (7.8%), "Rubber and plastic" (6.7%), "Electric material” (3.4%) and “Transport material" (2.6%).


Accumulate rates fell, however, for the “Leather and footwear industry" (-13.7%), "Other manufactured" (-6.2%), "Food industry" (-2.5%) and "Machinery" (-0.5%).


The accumulate variations over the first seven months of the year showed growth for Intermediate Goods (1.8%) and Capital Goods (0.2%), but a fall in Consumer Goods, which dropped 2.5%.


By Provinces, the general index for July registered a higher inter-annual rate for Gipuzkoa (5,3%) than for Alava (1.5%) and Bizkaia (-1.0%). Over the whole of the first seven months of the year there were also differences: Bizkaia and Gipuzkoa registered 1.5% accumulated growth and Alava registered a 0.1% drop in production in relation to he same period of the previous year.







For further information:

Euskal Estatistika-Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tel:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: eustat@eustat.es
Contact person: Luis Carlos Jorge Alonso
Tel:+34-945-01 75 14 Fax:+34-945-01 75 01
Press releases on the Internet: www.eustat.es

Inglés
Product data
Product data

Industrial activity in the A.C. of the Basque Country grew 1.9% in July 2003

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
JULIO DE 2003
Last updated : 
09/08/2003
Next update : 
07/04/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0002379_i.html
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