Press release 07/09/2011
Industrial activity in the Basque Country grew by 3.3% in July 2011
Compared to the previous month, June 2011, the industrial production of the Basque Country grew by 1.8%.
Industrial production of the Basque Country in June 2011 grew 3.3% compared to the same month of 2010, in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, June 2011, the industrial production in the Basque Country rose by 1.8%, once seasonal effects had been corrected.
By sector, and using the classification of the major industrial sectors, the evolution of the index for July 2011 compared to July 2010 shows noticeable differences. Equipment Goods rose by 8.6%, Intermediate Goods by 4.4% and production of Consumer Goods as a whole rose by 1.6%, due to the rise experienced, above all, by Consumer Non-Durables, which increased by 2.0%, whilst Consumer Durables rose by 0.2%. Energy fell by 11.2%.
The month-on-month variation in July 2011, compared to June 2011, also registered distinct changes for the main industrial groups. Intermediate goods rose by 1.9%, Equipment Goods by 0.6% and Energy by 0.3%, whereas Consumer Goods overall fell by 0.3%, Consumer Non-Durables dropped by 1.8% and Consumer Durables posted an upturn of 5.1%.
The key sectors that posted the greatest increases in growth in July 2011 compared to the same month of the previous year were Machinery & equipment and Transport Material with rates of 18.9% and 14.5%, respectively.
On the other hand, the Food, Beverages and Tobacco and Electricity, Gas and Steam sectors posted year-on-year falls of 9.1% and 2.8%, respectively.
By province, the July year-on-year performance for the Industrial Production Index was positive in the three provinces: It rose by 4.8% in Gipuzkoa, by 2.9% in Bizkaia and 1.2% in Álava. The month-on-month growth rate was negative in Álava, where it fell by 0.7%, whilst there were rises in Bizkaia and Gipuzkoa of 2.1% and 2.8% respectively, compared to June 2011.
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: email@example.com
Contact: Gerardo Pérez Aja
Tel: +34-945-01 75 06 Fax:+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)