HE General Industrial Production Index (SUI) decreased by 0.8% on average in 2023, Thus, the positive rates of the last two years have been broken, as the National Statistics Institute (INE) reported this Wednesday.
Specifically, the 0.8% decline recorded in 2023 Advances of 2.4% in 2022 and 7.1% in 2021. The last one has been an unusual year due to the return to normality following the end of pandemic restrictions.
With the exception of 2020 is the year in which industrial production decreased by 9.2% due to the Covid epidemicNo decline has been recorded in this indicator since 2013, when it fell by an average of 1.7% annually.
Seven autonomous communities increased their industrial production in 2023, and ten recorded negative rates. The greatest advances have been made Canary Islands (+5.6%), Castile and Leon (+3.2%) and Madrid (+2.9%), while the biggest decreases were Murcia (-8%), cantabria (-5.9%) and asturias (-4.2%).
In the last month of 2023, industrial production returned to negative rates on an annual basis after a two-month increase, declining by 4% compared to December 2022, recording the largest annual decline since last April. by 4.2%.
Monthly (November 2023 of the same year) and in seasonally and calendar adjusted seriesIndustrial production fell 0.3% compared to a 1.1% increase in the previous month.