Press Release 03/08/2016

INDUSTRIAL PRODUCTION INDEX, JUNE 2016

Industrial activity in the Basque Country rose by 0.2% in June 2016

The industrial production index saw growth of 2.1% in the first semester of 2016

Industrial production of the Basque Country in June 2016 was up 0.2% compared to the same month of 2015, in homogenous terms of the working calendar, according to Eustat data. The balance for the first six months of 2016 saw growth of 2.1% on the same period of 2015.

Compared to the previous month, May 2016, the industrial production of the Basque Country rose by 1.8%, once seasonal effects had been corrected.

The trends in the index for June 2016 compared to June 2015, according to economic destination of the goods, were both positive and negative. Capital Goods rose by 8.0%, Intermediate Goods fell by 1.8% and Energy posted a drop of 9.5%. Consumer Goods as a whole posted a drop of 2.9% due to the decrease experienced by Consumer Durables, which fell by 11.6%, with Consumer Non-Durables rising by 0.9%.

By sector, among the industrial sectors with the most weight, the largest increases were in Transport Material, which was up 12.8%, and Plastic & Rubber, which was up 1.2%. On the other hand, there were decreases in Electricity, Gas & Steam, by 10.0%, and in Electrical Material & Equipment, by 8.1%.

By province, year-on-year performance of the Industrial Production Index for the month of June showed positive results in Álava, where it grew by 6.5%, whilst Bizkaia posted a fall of 1.7% and in Gipuzkoa there was 1.0% drop.

The month-on-month variation rate was positive in the three provinces: in Gipuzkoa it was up by 2.2%, in Bizkaia it rose by 1.7% and in Álava it was up by 1.2% with respect to May 2016.

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)