HE index industrial production (IPI) According to the data, it grew by 0.6% in May compared to the previous month and returned to positive rates after a significant 1.9% decrease in April. fixed for seasonal and calendar effects Published this Wednesday by the National Institute of Statistics (INE).
Inside annual rate, Compared to the same month of 2022, industrial production (seasonally and calendar adjusted series) decreased by 0.1% in May. This rate is 0.9 points higher than in April when the 1% decrease was recorded.
Inside original series According to the data (without seasonal and calendar adjustment), the INE industrial production index is up 0.2% year-on-year compared to the 4.2% decline in April.
monthly rates
By sectors, capital goods (4.0%), non-durable consumer goods (1.9%) and durable consumer goods (1.3%) were presented. monthly rates positive. Energy (-2.8%) and intermediate goods (-0.3%) recorded negative rates.
In particular, the highest monthly rates tobacco industry (13.6%), in the manufacture of clothing (7.3%) and in the manufacture of motor vehicles (7.2%). At the other extreme, coking and oil refining (-3.5%), anthracite, coal and lignite extraction (-3.3%) and the manufacture of other non-metallic mineral products (-2.7%) stand out.
annual rate
In seasonal and calendar adjusted indices, capital goods (7.0%) and non-durable consumer goods (2.3%) sectors display positive rates on an annual basis compared to the same month of 2022. On the other hand, durable goods (-5.6%), energy (-5.1%) and intermediate goods (-5.0%) recorded negative rates on an annual basis.
By autonomous communities, Extremadura is experiencing a 16.4% annual decline in its industrial production (in the original data series if adjusted for seasonal effects). Significant decreases were also noted in Murcia (-6.2%), Cantabria (-5.4%) and La Rioja (-4.9%). Original industrial production data in Catalonia is 0.7% lower than in May 2022.
For its part, industrial production increased in May at the inter-annual rate in nine autonomous communities and declined in the remaining eight. The biggest increases Castilla y León (+8%), Canary Islands (+7.3%), Aragón (+5.8%) and Galicia (+5.6%).