Press release 07/04/2010
Industrial activity in the Basque Country fell by 4.4% in February 2010
Compared to the previous month, January 2010, industrial production in the Basque Country fell by 0.5%
Industrial production in the Basque Country fell by 4.4% in February 2010 compared to the same month of 2009 in homogenous terms of the working calendar, according to EUSTAT data.
Compared to the previous month, January 2010, industrial production in the Basque Country fell by 0.5%, once seasonal effects had been corrected.
By sector, and using the major industrial sector classification, the evolution of the index for February 2010 compared to February 2009 showed decreases in all sectors, except for Intermediate Goods that increased by 3.8%: Energy prices were down by 20.7%, Capital Goods fell by 7.3% and Consumer Goods overall decreased by 5.1%, due to the fall in the prices of Consumer Non-Durables (-1.1%) and, above all, to the decrease in Consumer Durables (-16.7%).
The main industrial sectors posted different month-on-month fluctuations in February 2010, compared to January 2010: Energy dropped by 8.7% and Consumer Goods decreased by 0.4%, as a result of the decrease suffered by Consumer Durables (-4.2%) as Consumer Non-durables rose by 0.7%. Intermediary Goods rose by 2.0% and Capital Goods were up by 0.7%.
By province, the February year-on-year performance for the Industrial Production Index was positive in Álava, up 1.3%, while it fell by 9.4% in Bizkaia and by 1.5% in Gipuzkoa. The month-on-month rate was negative in Álava, down by 1.1%, and in Bizkaia, where it fell by 2.9%, but it rose by 2.7% in Gipuzkoa.
For further information:
Euskal Estatistika-Erakundea / Instituto Vasco de Estadística (Eustat)
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Tlf:+34-945-01 75 00 Fax:+34-945-01 75 01 E-mail: email@example.com
Contact: Gerardo Pérez Aja
T el:+34-945-01 75 06 F ax:+34-945-01 75 01
More press releases about the Industrial Production Index
Industrial Production Index Databank