Industrial production chains with August data positive rates for four consecutive months.
produced by the industry Capital goods grew the most It increased by 14.9% year-on-year in August. This was followed by energy (+9.8%) and non-durable consumer goods with an increase of 6.5%. On the other hand, intermediate goods production contracted by 2.9% and durable goods production by 0.1% yoy in August.
According to the branches of activity, The leather and shoe sectors were the ones that increased their production the most over the years. (+31.4%) and manufacture of motor vehicles (+30.6%). The most significant decreases were recorded in metallurgy (-15.7%) and chemical industry (-7.2%).
Industrial production adjusted for seasonal and calendar effects increased by 5.5% compared to August 2021One-tenth higher than in July.
In the first eight months of the year, industrial production increased by 3.5% on average. backlash in apparel production (+18.9%) and decrease in metallurgy (-7.5%).
Only Cantabria descends
industrial production Increased in 15 communities in August At the interannual rate, it remained unchanged in Extremadura and decreased (-4.9%) in Cantabria.
The biggest increases, with double-digit increases, were recorded in the Balearic Islands (+17.3%), Andalusia (+13.7%), Navarra (+13.6%), Asturias (+12.6%) and Madrid (+12%). At the other extreme are Castilla y León (+0.8%), Canary Islands (+1%) and the Commonwealth of Valencia (+1.7), with the most moderate year-over-year increases.
0.4% monthly increase
Industrial production on a monthly basis (August to July) and in adjusted series increased 0.4%Contrary to the 1% drop recorded in July.
The largest monthly decreases in the seasonally adjusted series by activity lines were pharmaceutical products manufacturing (-16.6%), graphic arts manufacturing (-12.8%) and furniture manufacturing (-10.1%). By contrast, the largest monthly increases in production were in motor vehicle manufacturing (+30.2%), anthracite, coal and lignite extraction (+18.9) and other mining industries (+11.5).