Press Release 03/10/2025

INDUSTRIAL PRODUCTION INDEX. AUGUST 2025

Industrial activity in the Basque Country was down 1.8% in August 2025

Compared to the previous month, July 2025, industrial production increased by 0.1%

The industrial production of the Basque Country was down 1.8% in August 2025 compared to the same month of the previous year, in homogeneous terms of the working calendar according to Eustat data.

In relation to the previous month, industrial activity in the Basque Country increased by 0.1% this August, once corrected for seasonal effects.

By economic destination of goods, production in Consumer Goods posted a negative year-on-year performance in August 2025, with a 2.0% decrease in production for the sector as a whole. This decrease was fundamentally due to the performance of Consumer Non-Durables, whose production was down 3.8%, since production of Consumer Durables increased by 7.6% compared to August 2024. Among other activities, Consumer Durables includes the manufacture of furniture and domestic appliances. Consumer Non-durables includes the activities of processing and conserving foodstuffs; the manufacture of cleaning and hygiene products; pharmaceutical products; and the manufacture of clothing.

Production of Capital Goods, which include the manufacturing of motor vehicles; construction of locomotives and railway material; and naval construction and the manufacture of aircraft, decreased by 1.7% compared to the previous August.

In Intermediate Goods, which includes metallurgy and manufacturing of metal products, the chemical industry and manufacturing of rubber and plastic products, production fell by 0.4% in year-on-year terms.

Lastly, Energy production decreased by 5.4% in August 2025 in relation to the same month of the previous year. This sector includes the production and supply of electricity and oil refining.

The year-on-year evolution of the Industrial Production Index was negative across all three provinces in August 2025: it was down 3.0% in Bizkaia, 2.4% in Álava, and 0.1% in Gipuzkoa.

At a more disaggregated level, among the largest sectors in Basque industry, those that posted an increase in production during August 2025 in year-on-year terms were Electrical Material & Equipment and Metallurgy and metal products, up 9.3% and 2.6% respectively. In contrast, the most pronounced year-on-year decreases in production were in Electricity, Gas and Steam, with a 10.9% decrease, and Timber, Paper and Graphic Arts, down 9.9%.

CUMULATIVE BALANCE IN AUGUST 2025

In the cumulative total for the first eight months of the year, the Industrial Production Index was down 1.1%. Cumulative production until August was down 6.2% in Energy, 1.7% in Intermediate Goods, and 0.3% in Capital Goods in relation to the same cumulative period of the previous year. However, production in the Consumer Goods sector increased by 1.0%.

By province, the cumulative total of the first eight months of 2025 closed with a negative balance in all three provinces. Compared to the same cumulative period of 2024, production decreased by 3.2% in Álava, 1.1% in Bizkaia, and finally, by 0.1% in Gipuzkoa.

NOTE

Eustat would like to thank all the establishments that have collaborated with gathering information. As a result, the index for this month was calculated with 85.43% coverage of the sample.

For further information:

Eustat - Euskal Estatistika Erakundea/Basque Statistics Institute
C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz
Press Service: servicioprensa@eustat.eus Tel.: 945 01 75 62