Press Release 06/06/2013
Industrial activity in the Basque Country fell by 4.0% in April 2013
Compared to the previous month, March 2013, the industrial production of the Basque Country fell by 3.7%
Industrial production of the Basque Country in April 2013 was down by 4.0% compared to the same month of 2012, in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, March 2013, the industrial production of the Basque Country fell by 3.7%, once seasonal effects had been corrected.
By sector, and using the classification of the major industrial sectors, the evolution of the index for April 2013 compared to April 2012 showed noticeable differences. Intermediate Goods were down by 2.1%, Energy fell by 4.7%, Equipment Goods were down by 5.6% and Consumer Goods as a whole fell by 5.5% due to the drops experienced both by Consumer Durables, which were down by 8.4%, and Consumer Non-Durables, which fell by 4.2%.
Month-on-month variation in April 2013 on March 2013 was negative for practically all large industrial groups. Equipment Goods fell by 3.3%, Intermediate Goods registered a decrease of 3.0% and Energy recorded a drop of 8.0%; Consumer Goods as a whole also decreased in relation to March, by 2.7%, as a result of the negative evolution in Consumer Durables, which were down by 10.8%, although this was counteracted by the upturn in Consumer Non-Durables, measured at 1.2%.
Three of the largest sectors in Basque industry experienced growth in April 2013 with regards to the same month of the previous year: Machinery & Equipment, posted a positive rate of 7.1%, Food, Beverages & Tobacco rose by 0.3% and Metallurgy & Metal Products was up 0.1%.
On the other hand, the Transport Material sector stood out with a downturn of 18.2%, as didElectricity, Gas & Steam, which posted a year-on-year fall of 13.6%.
By province, the April year-on-year performance for the Industrial Production Index was negative in the three provinces, particularly in Álava, where it fell by 11.5%; in Gipuzkoa there was a fall of 2.7% and in Bizkaia, the fall experienced was 0.9%. The month-on-month performance was also negative in the three provinces; it fell 5.1% in Álava, in Gipuzkoa it fell by 4.6% and in Bizkaia the fall was 2.1% with respect to March.
For further information:
Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: firstname.lastname@example.org Tel: 945 01 75 62
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Databank on Industrial Production Index of the Basque Country (IPI)