Press Release 10/01/2018
Industrial activity in the Basque Country rose by 2.4% in November 2017
The Industrial Production Index saw a growth of 2.8% in the first eleven months of 2017
The Industrial production of the Basque Country in November 2017 was up by 2.4% compared to the same month of 2016, in homogenous terms of the working calendar, according to Eustat data. The balance for the first eleven months of 2017 saw growth of 2.8% on the same period of 2016.
Compared to the previous month, October 2017, the industrial production of the Basque Country increased by 1.4%, once seasonal effects had been corrected.
There were different performances in the index of the major industrial sectors in November 2017 compared to November 2016. Intermediate Goods increased by 5.8% and Consumer Goods as a whole were up by 2.5%. Amongst the latter, there was a 5.9% increase in Consumer Durables and a rise of 1.4% in Consumer Non-durables. Energy decreased by 3.3% and Capital Goods were down by 0.3%.
The month-on-month variation from November 2017 on November 2017 was positive for all sectors. Intermediate Goods and Capital Goods were up 1.2% in both cases. Energy rose by 2.6% and Consumer Goods, as a whole, was up by 1.4% as a result of the growth in Consumer Non-durables, which increased by 3.4%, since in Consumer Durables there was a decrease of 3.1%.
Among the largest sectors in Basque industry, those that saw growth in the month of November 2017 with regards to year-on-year variations were: Plastic & Rubber, which grew by 11.0%, Metallurgy & Metal Products with a rise of 6.1% and Food, Beverages & Tobacco which was up by 3.1%. On the other hand, the largest decreases occurred in the sectors of Electrical Material & Equipment, which fell by 6.2%, Electricity, Gas & Steam, which was down by 5.4%, andTimber paper and graphic arts, which dropped by 2.0%.
By province, the year-on-year performance of the Industrial Production Index for the month of November was positive in Gipuzkoa, where it rose by 6.0% and in Álava, where it was up by 2.4%, but in Bizkaia there was a decrease of 1.0%.
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