Press Release 06/08/2015

INDUSTRIAL PRODUCTION INDE. JUNE 2015

Industrial activity in the Basque Country rose by 5.6% in June 2015

The Industrial Production Index saw a growth of 3.1% in the first half of 2015

Industrial production of the Basque Country in June 2015 rose by 5.6% compared to the same month of 2014, in homogenous terms of the working calendar, according to Eustat data.

The balance of industrial activity in the first half of 2015 resulted in an accumulative growth of 3.1% compared with the same period of the previous year.

The industrial production of the Basque Country fell by 0.3% compared to the previous month, May 2015, once seasonal effects had been corrected.

The index showed an upward trend for the four main industrial sectors in June 2015 compared to June 2014. Consumer Goods rose by 5.4% due, in particular, to the upturn seen in Consumer Durables, which increased by 30.8%, as Consumer Non-Durables fell by 2.8%. Capital Goods rose by 11.1%, whilst Intermediate Goods rose by 4.2% and Energy grew by 1.9%.

The month-on-month variation for June 2015 on May 2015 was positive for Capital Goods, which registered an upturn of 0.6%, and Intermediate Goods too, which grew by 0.2%. Consumer Goods posted a drop of 3.1% due to the decrease experienced by Consumer Non-Durables, which fell by 5.0%, with Consumer Durables rising by 2.0%. Energy fell by 0.7%.

Among the largest sectors in Basque industry, those that saw the most significant growth in the month of June 2015 with regards to year-on-year variations, were: Transport Material, with a rise of 11.8%; Machinery & Equipment, which grew by 8.7%, and Timber, Paper & Graphic Arts, which was up by 6.6%.

On the contrary, the index for the Electricity, Gas & Steam sector decreased by 2.1%, whilst Rubber and plastics did not undergo any variation (0.0%).

By province, the year-on-year performance of the Industrial Production Index for the month of May showed an upward trend in the three provinces: in Bizkaia it was up 9.0%, in Gipuzkoa it rose by 3.7%, and Álava saw an increase of 2.8%. The month-on-month variation rate was also positive in Gipuzkoa, where it increased by 1.1%, whereas in Álava it fell by 2.2% and in Bizkaia it fell by 0.6%, compared with May 2015.

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)