Industrial Production in the A.C. of Euskadi grew 0.8% in February 2002 which regard to the same month in 2001. The accumulated growth rate for the first two months of the year, with regard to the same period the previous year, obtained 0.2% growth.

In February 2002, the most positive inter-annual variations corresponded to the sectors: "Food industry" (15.3%), "Metal and non-metal minerals" (10.2%), "Other manufactured" (8.6%), "Transport material" (5.3%) and "Electric energy, gas and water" (5.1%).

The sectors that had the most negative inter-annual growth rates were "Oil refining" (-22.2%), "Textiles and clothing" (-11.1%), "Leather and footwear industry" (-4.0%) and "Metallurgy and metal articles" (-3.5%).

By the economic destination of the goods, in February 2002 the rates rose for Consumer Goods (2.0%) and Capital Goods (0.4%), but fell for Intermediate Goods (-1.2%).

The performance of the General Industrial Production Index was different in the three Provinces. On the one hand, there was substantial growth of 2.1% and 1.7% in the provinces of Gipuzkoa and Alava, and on the other, there was a 0.9% fall in Bizkaia, partly as a result of the fall in the oil refining sector in the latter Province.

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