Press release dated 04/11/2010
Industrial activity in the Basque Country rose by 2.1% in September 2010
Compared to the previous month, August 2010, industrial production in the Basque Country fell by 2.5%
Industrial production in the Basque Country grew by 2.1% in September 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, August 2010, industrial production in the Basque Country fell by 2.5%, once seasonal effects had been corrected.
By sector, and using the major industrial sector classification, the evolution of the index for September 2010 compared to September 2009 is positive in all sectors: Energy rose by 2.2%, Capital Goods were up by 0.2%, Intermediary Goods by 5.2% and Consumer Goods increased by 1.7% overall, as the result of the increase recorded by Consumer Non-Durables (4.8%), as Consumer Durables fell by - 8.3%.
The month-on-month variation in September 2010, compared to August 2010, was positive for Intermediary Goods, which increased by 1.3%. The other sectors performed negatively: Energy fell by 7.5%, Capital Good were down 2.8% on August, and Consumer Goods dropped by 2.2%, mainly as the result of the downturn recorded by Consumer Durables (-6.0%), as Consumer Non-Durables posted a more moderate decrease (-1.2%).
The key sectors with the greatest growth in September 2010 with respect to the same month of the previous year were the Chemical and Food Industries, with rates of 12.6% and 6.5%, respectively.
On the other hand, the Other Manufacturers (-17.9%) and the Non-metal Industry (-13.8%) posted the largest year-on-year falls.
By province, the September year-on-year performance for the Industrial Production Index was positive in the three provinces: it rose by 0.3% in Álava, by 0.9% in Bizkaia and by 4.5% in Gipuzkoa. The month-on-month growth rate was negative in Álava and Bizkaia, with downturns of 7.8% and 2.0%, respectively, compared to August 2010, while it rose by 0.1% in Gipuzkoa.
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)