21 May 2025

Industrial Turnover Indices (ITI)

March 2025. Provisional data

Main results

The annual rate variation of the Total Industrial Turnover Index stands at 0.4% in the seasonal and calendar adjusted and 6.7% in the original.
The monthly variation stands at -1.0%, after seasonal and calendar adjustment.

More information

Tables annex (includes information by autonomous communities and original and adjusted series by sectors)
Detailed results (monthly and annual data)

The Industrial Turnover Index (ITI), once adjusted for seasonal and calendar effects, showed in March a variation of 0.4% as compared with the same month of the previous year.

The ITI original series registered an annual variation of 6.7%.

Industrial Turnover Index, Total

Annual rate. Percentage

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      "9.7",
      "-7.8",
      "-2.3",
      "-6.6",
      "-5.2",
      "-6.3",
      "-5.6",
      "0",
      "-1.9",
      "-8",
      "1.3",
      "1.3",
      "-12.2",
      "13.9",
      "-1.3",
      "-5.1",
      "5.4",
      "-4.3",
      "-1.4",
      "4.6",
      "-1.9",
      "7.1",
      "-0.1",
      "0.4",
      "6.7"
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      "10.1",
      "-4.6",
      "-3.3",
      "-6.1",
      "-3.9",
      "-5.7",
      "-3.6",
      "-2.8",
      "-1.8",
      "-2.9",
      "-2.3",
      "0.3",
      "-0.3",
      "1",
      "-0.6",
      "0.4",
      "-0.7",
      "-1.6",
      "0.4",
      "-1.7",
      "0.1",
      "2.5",
      "1.9",
      "1",
      "0.4"
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By market, all markets showed positive annual rates in March. It is worth noting the increase registered in the non euro area in the foreign market (7.9%).

Industrial Turnover Index, Total and by market. March 2025

Annual rate. Percentage

Monthly trend of ITI

The monthly variation of the seasonally and calendar adjusted Total Industrial Turnover Index between the months of March and February, stood at -1.0%. This rate was 1.1 points lower than the previous month.

Industrial Turnover Index, Total. Seasonally and calendar adjusted

Monthly rate. Percentage

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    "Nov-23",
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    "Aug-24",
    "Sep-24",
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      "0.2",
      "-1",
      "1.1",
      "-1.2",
      "0.2",
      "0.7",
      "-0.1",
      "0.3",
      "0.5",
      "-1.3",
      "-0.1",
      "1.1",
      "-0.4",
      "0.2",
      "-0.6",
      "-0.1",
      "-0.8",
      "-0.2",
      "1.9",
      "-1.8",
      "2.4",
      "1",
      "-0.6",
      "0.1",
      "-1"
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By Main Industrial Groupings (MIGs), Durable consumer goods (1.9%), Capital goods (1.0%) and Non-durable consumer goods (0.4%) showed positive monthly rates. On the other hand, Energy (-8.2%) and Intermediate goods (-1.9%) showed negative monthly rates.

Results by Autonomous Community. Original series

Turnover increased as compared to March 2024 in 13 Autonomous Communities and decreased in the other four.

The largest increases were recorded in Illes Balears (26.8%), Castilla y León (21.1%) and Comunidad de Madrid (17.8%).

The largest decreases were recorded in Extremadura (-5.0%), Canarias (-4.9%) and Comunidad Foral de Navarra (-2.6%).

Annual rates of the Industrial Turnover Index, Total. March 2025

Percentage

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    "Aragón",
    "Cantabria",
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    "Balears, Illes"
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      "-5",
      "-4.9",
      "-2.6",
      "-0.8",
      "1.7",
      "3",
      "4.7",
      "4.9",
      "6.1",
      "6.6",
      "6.7",
      "8.4",
      "8.6",
      "12.1",
      "17.4",
      "17.8",
      "21.1",
      "26.8"
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Revisions and data update

On the press release day, INE has updated ITI data series corresponding to the last 13 months. In the case of calendar adjusted and seasonally and calendar adjusted series, according to INE standard, series are revised since its beginning. Results are available at INEBase.

According to the Commission Delegated Regulation (EU) 2023/137 INE has started the works to incorporate the new National Classification of Economic Activities CNAE-2025 in all the statistical operations.

In the case of the ITI, the release of the first results with CNAE-2025 will take place in March 2028.

Methodological note

The Industrial Turnover Indices (ITI) aim to measure the evolution of the activity of companies that are part of the industrial sector in Spain, based on their turnover figures. This information is also requested broken down by market.

Survey Type:: ongoing monthly.
Base year:: 2021.
Population scope:: units of economic activity whose main activity is included in Sections B: Extractive industries (with the exception, due to their not being relevant to Spanish industry, of division 09) or C: Manufacturing industry of CNAE-2009.
Geographical scope:: the whole country, excluding Ceuta and Melilla.
Sample size:: Approx. 12,000 establishments.
Data collection:: monthly, value of total business turnover broken down by market.
Collection method:: fill in a questionnaire by the respondent using one of the following methods: internet (IRIA system), email, fax, telephone or post.

Further information is available in the methodology and in the standardised methodological report.

INE's statistics are produced according to the European Statistics Code of Practice. For further information at Quality at INE and Code of Practice.

For further information see

Official INE account on @es_ine

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