Press release 03/12/2009
INDUSTRIAL PRODUCTION INDEX (IPI) OCTOBER 2009
Industrial activity in the Basque Country fell by 16.3% in October 2009
With respect to the previous month, September 2009, it was up by 1.0%
Industrial production in the Basque Country fell by 16.3% in October 2009 compared to the same month of 2008 in homogenous terms of the working calendar, according to EUSTAT data.
Compared to the previous month, September 2009, industrial production in the Basque Country fell by 1.0%, once corrected for seasonal effects.
By sector, and using the major industrial sector classification, the evolution of the index for October 2009 compared to October 2008 showed downturns in all sectors. Capital goods fell by 23.2%, Intermediary Goods by 18.1%, Energy was down by 3.4% and Consumer Goods decreased by 13.0%, mainly as the result of the drop in Consumer Durables (-23.7%), as Consumer Non-Durables fell much more moderately (- 9.0%).
The main industrial sectors posted different month-on-month fluctuations in October 2009, compared to September 2009. Energy was up 5.6%, Capital Goods by 1.6%, Intermediate Goods fell by 0.3% and Consumer Goods, overall, were down by 0.8% as a result of the decreases posted by Consumer Durables (-0.6%) and Consumer Non-Durables (-0.8%).
Performance by province
The pattern of the year-on-year evolution of the Industrial Production Index by province was negative in the three provinces: Álava decreased by 16.1%, Bizkaia by 16.0% and Gipuzkoa was down by 16.7%.
The month-on-month rates, October 2009 compared to September 2009, were positive for the three provinces: they were up by 2.0% in Álava, 0.5% in Bizkaia and 0.9% in Gipuzkoa.
For further information:
Basque Statistics Office
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tel.: +34-945-01 75 00 Fax: +34-945-01 75 01 E-mail: firstname.lastname@example.org
Contact: Gerardo Pérez Aja
T el:+34-945-01 75 06 F ax:+34-945-01 75 01
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