The Industrial business volume index (IVNI) for industrial products, excluding energy, registered a year-on-year increase of 3.2% in Catalonia in December 2017. By large industrial sectors, increased equipment goods (7.1%) and intermediate goods (8.8%), while consumer goods decreased by 2.0%. In this same period, the general IVNI index increased by 3.9% in year-over-year terms in Catalonia.
The Turnover Index on Industry (IVNI) is a short-term indicator used to measure the monthly evolution of the turnover of 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 index. Idescat calculates the non-energy industrial products index for Catalonia and Spain, and breaks the figures down into large industrial sectors for Catalonia.