Press release 18/02/2005

INDUSTRIAL PRODUCTION INDEX (IPI) 2004



The industrial production index of the A.C. of the Basque Country grew 3.7% in 2004



Growth was higher than in the State (1.6%) and the European Union-25 (2.1%)


Industrial production grew 3.7% over the whole of 2004 in the A.C. of the Basque Country with regard to 2003, according to EUSTAT data. This growth is higher than over the past four years and confirms the recovery that began in 2003.


With regard to industrial activity in our region, both the European Union and the whole of the State registered the same positive trend in the evolution of industrial activity since 2003, but with lower growth rates than in the the A.C. of the Basque Country. Thus over the year 2004 the growth of the industrial production index in the A.C. of the Basque Country came to over two percent above the rate for the whole of the State (1.6%) and 1.4 percent above that of the European Union-25 (2.1%). Without taking into account the recent extensioin, the European Union-15 reached a lower growth of 1.6%.





Evolution by Province


By province, the average growth rates of the Industrial Production Index in 2004 was positive in all cases, but to different degrees, although all above the State and European averages. Alava stands out with 7.2 % growth, while Bizkaia and Gipuzkoa registered similar and more moderate growth rates of 2.8% and 2.6% respectively.


Once again in 2004 industrial activity in Alava registered higher growth rates than the rest, increasing the gap presented the two previous years. Gipuzkoa, in turn, registered point three percent higher growth in 2004 than the year before, while Bizkaia, whose recovery was weaker than the year before, managed to double the growth rate of 2003.


Sectorial evolution


By sectors and according to the classification of large industrial sectors, accumulated variations in 2004 presented growth for Energy (15.9%), Capital Goods (4.5%), Intermediate Goods (2.2%) and Non-durable consumer goods (1.1%). A negative result was registered by Durable consumer goods with a 3.4% decrease.








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: Gerardo Pérez Aja
Tel:+34-945-01 75 06 Fax:+34-945-01 75 01
Press releases on the Internet: www.eustat.es
Databank: www.eustat.eus/bancopx/spanish/indice.aspx

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The industrial production index of the A.C. of the Basque Country grew 3.7% in 2004

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
2004
Last updated : 
02/18/2005
Next update : 
05/08/2019
Type of operation : 
Encuesta por muestreo
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Creative Commons
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http://en.eustat.eus/elementos/not0002916_i.html
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