Press release 03/06/2004

INDUSTRIAL PRODUCTION INDEX (IPI) APRIL 2004



Industrial activity in the A.C. of the Basque Country grew by 2.6% in April 2004



Evolution for the first four months of 2004 shows 3.5% growth in relation to the same period of last year.


Industrial production in the A.C. of the Basque Country in April 2004 grew by 2.6%, in absolute terms, in relation to the same month of 2003, according to EUSTAT data. In homogenous terms, the inter-annual variation was 2.7%. Accumulated growth for the first four months of the year came to 3.5% in absolute terms, with regard to the same period of last year, and a 2.8% increase in terms adjusted for inter-annual comparability.



In April 2004, the most positive inter-annual variations, in absolute terms, corresponded to the sectors of "Electric energy, gas and water" (19.0%), "Electric material" (13.1%), "Food industry" (10.3%), "Oil refining" (9.0%) and "Textiles and clothing" (8.4%). By contrast, the sectors to undergo the most negative inter-annual rates were "Non- metal industry" (-11.3%), "Leather and footwear industry" (-6.1%), "Other manufactured" (-5.9%), "Paper, printing and graphic arts” (-3.6%) and "Metallurgy and metal articles" (-2.3%).


Over the period of the first four months of the year, the highest growth rates, compared to the same period of 2003, corresponded to "Oil refining" (35.8%), "Electric energy, gas and water" (25.7%), "Electric material" (6.1%), "Textiles and clothing" (5.2%) and "Rubber and plastic" (4.3%). On the other hand, the sectors to suffer the most negative quarterly rates were "Leather and footwear industry" (-14.9%), "Non-metal industry" (-7.1%), "Other manufactured" (-6.4%) and "Metal and non-metal minerals" (-5.6%).


According to the new classification of goods by economic destination, April 2004 saw a notable increase for the inter-annual rate of the Energy branch (16.1%); there was also an increase, albeit more modest, in Consumer Non-durable Goods (5.9%), Capital Goods (1.5%) and Intermediate Goods (0.6%). The only decrease was for Consumer Durable Goods, whose rate fell by 2.1%.


For the four month period as a whole, in comparison with the same period of last year, the Energy branch accumulated 28.3% growth, Intermediate Goods obtained a 2.4% increase, while Capital Goods rose by 0.1%. Consumer Goods fell by 1.8%, divided into Consumer Durable Goods and Consumer Non-durable Goods, with –4.2% and –0.6% respectively.


By province, the inter-annual evolution of the General Index showed differing patterns, growing 10.3%, in absolute terms, in Alava and 2.5% in Gipuzkoa, but falling 1.0% in Bizkaia. Over the first four months of 2004 as a whole, the highest rates of accumulated growth corresponded to Alava with 5.7%, second came Gipuzkoa with 3.8% and finally, Bizkaia obtained growth of 2.1%.









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: Luis Carlos Jorge Alonso
Tel:+34-945-01 75 14 Fax:+34-945-01 75 01
Press releases on the Internet: www.eustat.es

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Industrial activity in the A.C. of the Basque Country grew by 2.6% in April 2004

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
ABRIL DE 2004
Last updated : 
06/03/2004
Next update : 
05/08/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0002593_i.html
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