Press release dated 07/09/2010
Industrial activity in the Basque Country rose by 4.7% in July 2010
Industrial production in the Basque Country grew by 4.7% in July 2010 with regard to the same month of 2009 in homogenous terms of the working calendar, according to EUSTAT data. Compared to the previous month, June 2010, industrial production in the Basque Country increased by 0.1%, once seasonal effects had been corrected.
By sector, and using the major industrial sector classification, the evolution of the index for July 2010 compared to July 2009 is positive in all sectors: Energy rose by 5.2%, Capital Goods were up by 5.1%, Intermediary Goods by 4.3% and Consumer Goods increased by 4.1% overall, as the result of the increase recorded by both Consumer Durables (4.3%) and Consumer Non-Durables D 4.0%).
The month-on-month fluctuation in July 2010, compared to June 2010, was positive for Capital Goods, which rose by 2.7%, and for Energy, up 2.4% Intermediary Goods fell by1.4% compared to June, and Consumer Goods decreased by 1.4% compared to May, as a result of the downturn registered by Consumer Durables (-4.3%) and by Consumer Non-durables (-0.5%).
The sectors that posted greatest growth in July 2010 with respect to the same month of the previous year were Transport Material and Rubber & Plastics, with rates of 19.5% and 19.1%, respectively.
On the other hand, the Leather and Footwear Industry (-16.2%) and the Metallic and Non-Metallic Minerals sector (-12.9%) registered the sharpest drops in year-on-year rates.
By province, the July year-on-year performance for the Industrial Production Index was positive in the three provinces: it rose by 13.8% in Álava, by 2.8% in Bizkaia and by 2.0% in Gipuzkoa. Month-on-month growth rate was negative in Bizkaia, down by 1.4% compared to June 2010. There were positive variations of 1.5% ad 1.1% in Álava and Gipuzkoa, respectively.
For further information:
Basque Statistics Office
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
Further press releases on Industrial Production Index of the Basque Country (IPI)
Databank on Industrial Production Index of the Basque Country (IPI)