Press Release 03/06/2015
Industrial activity in the Basque Country rose by 5.4% in April 2015
Compared to the previous month, the Industrial Production Index of the Basque Country also rose by 3.0%
Industrial production of the Basque Country in April 2015 was up by 5.4% compared to the same month of 2014, in homogenous terms of the working calendar, according to Eustat data. Compared to the previous month, March 2015, the industrial production of the Basque Country rose by 3.0%, once seasonal effects had been corrected.
The evolution of the index in April 2015 compared to April 2014 was positive for all the main industrial sectors. Consumer Goods rose by 6.5% due, in particular, to the upturn seen in Consumer Durables, which increased by 22.5%, as Consumer Non-Durables also rose but far more moderately (1.0%). The index corresponding to Energy increased by 11.1%, the index corresponding to Capital Goods rose by 10.0%, and that of Intermediate Goods grew by 1.7%.
The month-on-month variation in April 2015, compared to March 2015, was positive for Capital Goods, which rose by 2.7%; for Intermediate Goods, which grew by 0.7%; and for Energy, which was up by 17.5%. Consumer Goods as a whole also rose, by 1.7%, as a consequence of Consumer Durables increasing by 6.9%, although Consumer Non-Durables dropped by 0.2%.
Among the largest sectors in Basque industry, those that saw the most significant growth in the month of April 2015 with regards to year-on-year variations, were: Timber, Paper & Graphic Arts, with an increase of 13.0%, and Machinery & Equipment, which rose by 10.0%.
On the other hand, the largest decreases occurred in thePlastic & Rubbersector, which posted a year-on-year drop of 2.4%, and in Electrical Material & Equipment, which fell by 2.1%.
By province, the year-on-year performance of the Industrial Production Index for the month of April showed very positive results in Bizkaia, where it increased by 8.5%, and in Gipuzkoa, where the increase was 5.5%, whereas Álava saw a slight fall of 0.1%. The month-on-month variation rate was positive in the three provinces: in Álava it was up by 4.3%, in Gipuzkoa it rose by 4.0% and in Bizkaia it was up by 1.3% with respect to March 2015.
For further information:
Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: email@example.com Tel: 945 01 75 62
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