Industrial New Orders Received Index (IECI). November 2016


The index of new orders for industry (IECI) for industrial products, excluding energy, registered an inter-annual increases of 8.8% in Catalonia in December 2016. By large industrial sectors, all sectors recorded year-on-year increases: equipment goods a 16.1%, intermediate goods a 6.7% and consumer goods registered a 6.5%. In this same period, the general IECI index grew by 9.0% compared with the previous year in Catalonia.

The Industrial New Orders Received Index is a short-term indicator used to measure the monthly dynamics of orders received by industrial companies. It is a value index, i.e. it measures the joint evolution of amounts, qualities and prices.

To obtain this indicator, the INE conducts an on-going monthly survey. For Catalonia, it researches some 2,300 companies operating in the industrial sector, which are used to obtain the general indice. Idescat calculates the non-energy industrial products index for Catalonia and Spain, and breaks the figures down into large industrial sectors for Catalonia.

Basic data

Short-term economic indicators

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