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Industrial Production Index. July 2023

The monthly variation of the Industrial Production Index is 0.2% if seasonal and calendar effects are eliminated. The annual rate of the Industrial Production Index stands at -1.8% in the series adjusted for seasonal and calendar effects, and at -1.8% in the original series.

Industrial Production Indices - July 2023
Indicator Note Annual variation in the original series Annual variation in the corrected series
General index -1.8 -1.8
Consumer goods 0.0 0.1
Capital goods 6.0 5.9
Intermediate goods -2.3 -2.6
Energy -10.9 -10.8
  • Seasonally and calendar adjusted series
Latest data
July 2023 Published: 08/09/2023

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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.