Press Release 04/12/2013

INDUSTRIAL PRODUCTION INDEX OF THE BASQUE COUNTRY (IPI) OCTOBER 2013

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Industrial activity in the Basque Country fell by 2.2% in October 2013

Compared to the previous month, September 2013, the industrial production of the Basque Country grew by 1.2%.

Industrial production of the Basque Country in October 2013 fell 2.2% compared to the same month of 2012, in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, September 2013, the industrial production of the Basque Country rose by 1.2%, once seasonal effects had been corrected.

The evolution of the index for October 2013 compared with October 2012 revealed downturns in Energy, which decreased by 13.6%, and Consumer Goods, which fell by 6.6%, as a result of the drop experienced by Consumer Durables, which were down 26.1%, and the 4.4% rise of Consumer Non-durables. Capital Goods rose by 1.6% and Intermediate Goods did so by 0.2%.

The month-on-month variation for October 2013, on September 2013, was positive for Capital Goods, which registered an upturn of 5.1%, and Intermediate Goods, which increased by 1.2%. Energy posted a drop of 5.5% and Consumer Goods, as a whole, were down by 0.6%, due to the decrease experienced by Consumer Non-durables, which fell by 9.2%, with Consumer Durables rising by 3.0%.

Among the largest sectors in Basque industry which experienced growth in the month of October 2013 with regards to the previous year are as follows: Transport material, which posted a positive rate of 10.4%, Machinery & Equipment, which increased by 5.8% and Food, Beverages & Tobacco Industries, with a rise of 5.2%.

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On the other hand, the Electrical Material & Equipment sector, which posted a year-on-year fall of 9.4%, Rubber & Plastic, with a negative rate of 9.2% and Electricity, Gas & Steam, which experienced a 5.7% decline, stood out.

By province, the year-on-year performance of the Industrial Production Index for October was positive in Álava, where it increased by 3.3%, whereas in Bizkaia it was down by 6.7% and in Gipuzkoa there was a decrease of 0.7%. The month-on-month performance was also positive in Álava, where it increased by 4.0% and in Gipuzkoa, where it was up by 3.3%, while it fell in Bizkaia by 2.4% compared to September 2013.

Industrial Production in the Basque Country. Growth rates. October 2013. Provisional data. Source: EUSTAT. Industrial Production Index of the Basque Country (IPI)

For further information:

Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.eus Tel: 945 01 75 62 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 2.2% in October 2013

Operation : 
Industrial production index
Código operación : 
112312
Frequency : 
Mensual
Timeframe : 
OCTUBRE DE 2013
Last updated : 
12/04/2013
Next update : 
05/08/2019
Type of operation : 
Encuesta por muestreo
Available formats : 
Pdf
Licence : 
Creative Commons
Permalink : 
http://en.eustat.eus/elementos/not0011150_i.html
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