Press Release 06/11/2012
Industrial activity in the Basque Country fell by 8.4% in September 2012
Compared to the previous month, August 2012, the industrial production of the Basque Country fell by 2.9%.
Industrial production of the Basque Country in September 2012 was down by 8.4% compared to the same month of 2011 in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, August 2012, the industrial production of the Basque Country fell by 2.9%, once seasonal effects had been corrected.
By sector, and from the classification of the large industrial sectors, the evolution of the index in September 2012 compared to September 2011 reveals a decrease in all sectors: Equipment Goods fell by 9.3%, Energy was down by 6.1%, Intermediate Goods decreased by 8.0% and Consumer Goods overall were down by 8.6%, due to the drop experienced by Consumer Durables and Consumer Non-Durables, both down by 8.6%.
The month-on-month variation for September 2012 on August 2012 was negative for the main industrial groups. Energy fell by 2.9%, Equipment Goods registered a decrease of 1.1%, Intermediate Goods were down by 5.6% and Consumer Goods as a whole dropped by 7.8%, as Consumer Durables fell by 20.0% and Consumer Non-Durables were down by 4.2%.
All relevant sectors posted decreases in the month of September 2012 with regards to the same month of the previous year. Plastics & Rubber, down 15.7%, Transport Equipment which fell by 12.2% and Electrical Material & Equipment, which posted a year-on-year fall of 9.6%, all stood out.
By province, the year-on-year performance of the Industrial Production Index for the month of September was negative in the three provinces, falling by 10.9% in Bizkaia, 8.2% in Álava and 6.1% in Gipuzkoa. The month-on-month rate was positive in Gipuzkoa where it increased by 0.8%, whilst in Bizkaia it was down by 7.0% and in Álava it dropped by 2.1% with regards to August 2012.
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: firstname.lastname@example.org
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)