Nota de prensa de 06/03/2012

INDUSTRIAL PRODUCTION INDEX OF THE BASQUE COUNTRY (IPI) JANUARY 2012

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Industrial activity in the Basque Country fell by 1.8% in January 2012

Compared to the previous month, December 2011, the industrial production of the Basque Country fell by 0.5%.

Industrial production of the Basque Country in January 2012 fell by 1.8% compared to the same month in 2011, in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, December 2011, the industrial production of the Basque Country fell by 0.5%, once seasonal effects had been corrected.

Industrial Production in the Basque Country. Monthly Series. Year-on-year growth rates. Data corrected for calendar effects.

By sector, and using the classification of the major industrial sectors, the evolution of the index for January 2012 compared to January 2011 shows noticeable differences. Equipment Goods rose by 5.1%, Intermediate Goods fell 2.9% and production of Consumer Goods as a whole rose by 4.7%, due to the rise experienced by Consumer Non-Durables, which rose by 9.5%, whilst Consumer Durables fell by 9.4%. Energy fell by 18.2%.

The month-on-month variation in January 2012, compared to December 2011, also registered distinct changes for the main industrial groups. Intermediate Goods rose by 1.0%, Equipment Goods rose by 0.7% whilst Energy posted a drop of 3.1%. Consumer Goods as a whole fell by 3.1%, with Consumer Durables and Consumer Non-Durables posting drops of 7.0% and 2.1%, respectively.

The key sectors that posted the greatest increases in growth in January 2012 compared to the same month of the previous year were Machinery & equipment and Food, Beverages & Tobacco with rates of 16.2% and 14.4%, respectively, along with Electrical Equipment & Material, which rose by 2.4%.

Industrial Production in the Basque Country. Key Sectors. Year-on-year growth rates.  A-38 Sectorisation. Provisional Data

On the other hand, the Timber, Paper & Graphic Arts sector registered a year-on-year drop of 8.3%, Electricity, Gas & Steam fell by 7.5% and Metallurgy & Metal Products posted a fall of 2.8%.

By province, year-on-year performance of the Industrial Production Index for the month of January showed positive results in Álava, where it grew by 3.0%, and in Gipuzkoa, with an increase was 0.4%, whereas Bizkaia witnessed a fall of 6.3%. The month-on-month growth rate was negative in both Álava, where it fell by 2.4%, and Bizkaia, which experienced a drop of 0.4%, whereas in Gipuzkoa it rose by 0.4%, compared to December 2011.

Industrial Production in the Basque Country. Growth rates. January 2012 (p)

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: eustat@eustat.eus 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)

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Industrial activity in the Basque Country fell by 1.8% in January 2012

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
ENERO DE 2012
Last updated : 
03/06/2012
Next update : 
05/08/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0008338_i.html
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