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Industrial Production Index (IPI). March 2024. Provisional data

The annual rate of the Industrial Production Index was -1.2% in the series adjusted for seasonal and calendar effects and -11.3% in the original series. The monthly variation of the Industrial Production Index was -0.7%, if seasonal and calendar effects are eliminated.

Industrial Production Indices - March 2024
Indicator Note Annual variation in the original series Annual variation in the corrected series
General index -11.3 -1.2
Consumer goods -9.3 3.3
Capital goods -15.6 -1.4
Intermediate goods -12.0 0.1
Energy -7.0 -3.8
  • Seasonally and calendar adjusted series
Latest data
March 2024 Published: 08/05/2024

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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.