The General Industrial Production Index (IPI) fell 4% year-on-year last Aprilrate is 9.4 points lower than in March and Biggest setback since January 2021As reported by the National Institute of Statistics (INE) on Tuesday.
With the decline in April, industrial production returned to negative inter-year rates after posting a 5.4% increase in March.
Durable consumer goods production fell the most in the fourth month of the yearWith an inter-annual decline of 9.9%. This is followed by intermediate goods (-6.5%); non-durable consumer goods (-4.6%); energy (-2.1%) and capital goods (-0.6%).
According to the branches of activity, cut the most inter-year production rate wood and cork industry (-23.9%); leather and footwear industry (-18.2%); clothing manufacturing (-13.7%) and paper industry (-13.4%).
The most significant increases were recorded by other mining industries (+41.8%); mining industries (+39.4%) and the manufacture of other transportation materials (+17%).
Seasonally and calendar adjusted industrial production decreased by 0.9% in April, 5 points lower than in March compared to the same month of 2022.
Only two communities increase the output of their industries
industrial production Decreased inter-year rate in fourteen autonomous communities in Aprilremained in the Valencian Community and just got in Canary Islands (+2.4%) And Galicia (+0.1%).
The biggest decreases are in La Rioja (-11.5%), Aragón (-9.2%), Extremadura (-8.6%), Murcia (-7.5%), where the industrial production of the sector fell 7.4% compared to the previous year. ) and recorded in Asturias. April 2022.
Industrial production fell 1.8% in the month
Monthly (April to March) and in adjusted series, industrial production fell 1.8%, the biggest monthly decline since March 2022when it drops 2.7%.
Largest monthly production declines in adjusted series by business lines tobacco industry and other mining industries (in both cases -8.1%) and furniture manufacturing (-5.7%).
On the other hand, the biggest monthly increase in production was in the manufacture of other transportation materials (+4.6%); leather and footwear industry (+3.6%) and coke plants and oil refinery (+2.1%).