Instituto Nacional de Estadística

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Industrial Production Index (IPI). April 2021

The monthly variation of the Industrial Production Index is 1.2% if seasonal and calendar effects are eliminated. The annual rate of the Industrial Production Index stands at 48.2% in the series adjusted for seasonal and calendar effects, and at 50.3% in the original series.

Industrial Production Indices - April 2021
Indicator Note Annual variation in the original series Annual variation in the corrected series
General index 50.3 48.2
Consumer goods 33.5 30.2
Capital goods 120.4 117.6
Intermediate goods 61.3 59.1
Energy 13.7 13.5
  • Seasonally and calendar adjusted series
Latest data
April 2021 Published: 07/06/2021

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The Industrial Production Index (IPI) is a short-term indicator that measures the monthly evolution of the productive activity of the industrial branches, excluding construction, contained in the National Classification of Economic Activities 2009 (CNAE-2009). It therefore investigates the activities included in sections B, C, D and division 36: Water collection, treatment and supply, from section E of the CNAE-2009.

The IPI measures the joint evolution of quantity and quality, removing the influence of prices. In order to obtain this information a continuous monthly survey is carried out which investigates over 11,500 establishments every month.