Press Release 05/09/2013
Industrial activity in the Basque Country fell by 2.9% in July 2013
Industrial production of the Basque Country in July 2013 fell 2.9% compared to the same month of 2012, in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, June 2013, the industrial production of the Basque Country fell by 1.5%, once seasonal effects had been corrected.
By sector, and using the classification of the major industrial sectors, the evolution of the index for July 2013 compared to July 2012 shows noticeable differences for all sectors except Equipment Goods, which grew by 1.1%. Energy was down by 3.2%, Intermediate Goods fell by 4.8%, and Consumer Goods as a whole were down by 5.9%, due to the decrease experienced both by Consumer Durables, which were down by 10.5%, and Consumer Non-Durables, which fell by 3.5%.
The month-on-month variation in July 2013, compared to June 2013, was only positive for Energy, which recorded an increase of 0.5%, whilst Intermediate Goods fell by 1.6%, Equipment Goods were down by 0.6% and Consumer Goods as a whole registered an decrease of 2.6%, as a consequence of the negative evolution, above all, of Consumer Non-Durables, which dropped by 3.6%, whilst Consumer Durables also fell, but to a lesser extent (-0.2%).
Two of the largest sectors in Basque industry experienced growth in July 2013 with regards to the same month of the previous year: Transport Material, with a rise of 4.9% and Timber, Paper & Graphic Arts which registered a positive rate of 0.6%.
On the other hand, Metallurgy & Metal Products, with a negative rate of 6.5%, Plastic & Rubber, which decreased by 5.6% and Electrical Material & Equipment, which registered a year-on-year fall of 4.3%, all stood out.
By province, the year-on-year performance of the Industrial Production Index for the month of July was negative in Álava, where it fell by 3.9% and in Bizkaia, where it was down by 6.2%, but in Gipuzkoa there was an increase of 0.9%. The month-on-month performance was also negative in the three provinces; it fell 2.3% in Álava, in Gipuzkoa it was down by 1.9% and in Bizkaia it dropped by 0.6% with respect to June 2013.
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)