Press Release 04/10/2012

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

Share facebook Share twitter Share email pdf Product list

Industrial activity in the Basque Country fell by 4.5% in August 2012

Compared to the previous month, July 2012, the industrial production of the Basque Country grew by 4.1%

Industrial production of the Basque Country in August 2012 was down by 4.5% compared to the same month of 2011 in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, July 2012, the industrial production of the Basque Country rose by 4.1%, 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 from the classification of the large industrial sectors, the evolution of the index in August 2012 compared to August 2011 reveals a decrease in Equipment Goods, which fell by 8.2%, Energy, which was down by 6.1% and Intermediate Goods, which fell by 4.1%, but Consumer Goods overall were up by 2.3%, due to the increase experienced above all by Consumer Durables, which rose by 27.4%, with Consumer Non-Durables dropping by 1.3%.

The month-on-month variation in August 2012, compared to July 2012, was also positive for the main industrial groups. Energy rose by 2.1%, Equipment Goods registered an increase of 2.8%, Intermediate Goods were up by 4.6% and Consumer Goods as a whole grew by 11.4%, as Consumer Durables rose by 24.6% whilst Consumer Non-Durables rose by 7.7%.

Amongst the most important sectors that experienced growth in August 2012 with regards to the same month of the previous year, special mention should be made of Electrical Material & Equipment, up 18.0% and Food, Beverages & Tobacco which increased by 9.5%.

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

Conversely, there were drops in the Transport Material sector which fell by 11.5%, in the Metallurgy & Metal products sector which decreased by 10.4% and the Plastics & Rubber sector, which posted a year-on-year fall of 10.2%

By province, the year-on-year performance of the Industrial Production Index for the month of August was negative in the three provinces, falling by 10.1% in Álava, 4.3% in Gipuzkoa and 2.5% in Bizkaia. The month-on-month growth rate was positive in the three provinces: in Bizkaia it was up 6.5%, in Álava it was up by 2.9% and in Gipuzkoa there was an increase of 2.4% compared to July 2012.

Industrial Production in the Basque Country. Growth rates. August 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)

Inglés
Product data
Product data

Industrial activity in the Basque Country fell by 4.5% in August 2012

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
AGOSTO DE 2012
Last updated : 
10/04/2012
Next update : 
07/04/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0009751_i.html
Body responsible : 

Your feedback.  Help us to make our web better

How would you rate the information on the site?
Very useful
Useful
Barely useful
Not useful at all
Would you like to make a suggestion?
Yes, I would
Send