Press release 05/09/2005

INDUSTRIAL PRODUCTION INDEX (IPI) JULY 2005



Industrial activity in the A.C. of the Basque Country increased 6.6% in July 2005


The evolution over the first seven months of 2005 registered 2.9% growth in relation to the same period the year before.


Industrial production in the A.C. of the Basque Country grew 6.6% in July 2005 with regard to the same month in 2004, in homogeneous terms of the working calendar, according to Eustat data. This data consolidated the recovery observed in industrial activity in the second quarter of the year (+4.7%), which over the whole of the first seven months increased 2.9% in relation to the same period the year before.


In July 2005, compared with the month before, industrial production in the A.C. of the Basque Country rose 1.6%, once corrected for seasonal effects.




Sector evolution


By sectors, taking into consideration the classification of large industrial sectors, the evolution of the index in July 2005 with regard to July 2004 presents positive variations in all sectors: Energy (6.6%), Capital Goods (8.7%), Intermediate Goods (4.4%) and Consumer Goods (6.8%); of these, Durable Consumer Goods grew by 5.1% and Non-Durable Consumer Goods by 7.8%.


The accumulate figure for the first seven months of 2005 shows Capital Goods grew by 6.1%, Intermediate Goods by 1.7%, Energy by 1.4% and Consumer Goods by 0.6%, with a variation between Durable Consumer Goods which grew 0.8% and Non-Durable Consumer Goods which rose by 0.6%, in relation to the first seven months of 2004.


The inter-monthly variation for July 2005 on June 2005, was positive in every large industrial sector (GSI). Inter-monthly growth for Energy was 3.0%, Intermediate Goods grew by 0.5%, Capital Goods by 1.9% and Consumer Goods by 3.2%, with 4.5% growth for Durable Consumer Goods and un 2.6% for Non-Durable Consumer Goods.


Evolution by Province


By province, the inter-annual evolution in July for the Industrial production index was quite similar in all three provinces, increasing by 7.7% in Bizkaia, 7.5% in Alava and 5.0% in Gipuzkoa. In the accumulate of the first seven months of the year, Gipuzkoa grew by 3.7%, Bizkaia by 2.7% and Alava by 1.9%.


Inter-monthly gorwth rates, July 2005 on June of the same year, for the provinces, were positive in all three provinces: increasing by 3.6% in Alava, 1.5% in Bizkaia and 0.5% in Gipuzkoa.








For further inforamation:

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

Inglés
Product data
Product data

Industrial activity in the A.C. of the Basque Country increased 6.6% in July 2005

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
JULIO DE 2005
Last updated : 
09/05/2005
Next update : 
07/04/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0003138_i.html
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