Press release 05/11/2007

INDUSTRIAL PRODUCTION INDEX (IPI) SEPTEMBER 2007


Industry in the A.C. of the Basque Country grew by 1.8% in September 2007


Accumulated growth for the first nine months of 2007 was 3.6%



Industrial production in the A.C. of the Basque Country in September 2007, in homogenous terms of the working calendar, grew by 1.8% as regards the same month of the previous year, according to EUSTAT data. In the first nine months of the year, accumulated growth came to 3.6% in relation to the same period of 2006.


Industrial production in the A.C. of the Basque Country in September 2007, compared to August, fell by 1.6%, once seasonal effects had been corrected.


The balance of industrial activity for the first nine months of the year closed with a 3.6% increase in the inter-annual rate, based on the notable performance of capital goods and intermediate goods, and despite the negative rates offered by the energy sector and by consumer goods (especially consumer non-durable goods).


Corrected inter-annual quarterly growth of the Industrial Production Index in the A.C. of the Basque Country


Source: Eustat


Sector evolution


By sector, and using the classification of the major industrial sectors, inter-annual evolution of the September 2007 index as regards that of September 2006 shows growth for Capital Goods, which rose 5.9%, and Intermediate Goods which increased by 2.3%. Consumer Goods decreased by 2.2%, as a result of the decrease experienced by both Consumer Durable Goods (-3.1%) and Consumer Non-Durable Goods, which fell by 1.8%. The Energy sector experienced a 5.8% decrease over the same period.


Inter-monthly variations in September 2007, in relation to August 2007, were negative for all the major industrial sectors. Capital Goods fell by 3.4%, Energy did so by 1.8, Intermediate Goods diminished by 0.9% and Consumer Goods reduced by 2.7%. Of the two components of Consumer Goods, Consumer Durable Goods experienced a 4.6% inter-monthly decrease, while Consumer Non-Durable Goods decreased by 1.8%.


Evolution by province


By province, the inter-annual evolution of the Industrial Production Index performed positively in all three, growing by 3.5% in Gipuzkoa, 1.1% in Álava and 0.7% in Bizkaia.


Inter-monthly rates, September 2007 in relation to August 2007, were negative for all three provinces: it fell by 2.2% in Gipuzkoa, 2.0 in Alava and 0.9% in Bizkaia.


Table: SEPTEMBER 2007. Variation rates (%) of the Industrial Production Index of the A.C. of the Basque Country


Inter-annual variation rate for the period accumulated from January to the last month of year t in relation to the same period of year t-1

Source: Eustat


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
Data bank: www.eustat.eus/bancopx/english/indice.aspx

Inglés
Product data
Product data

Industry in the A.C. of the Basque Country grew by 1.8% in September 2007

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
SETIEMBRE DE 2007
Last updated : 
11/05/2007
Next update : 
07/04/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0004351_i.html
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