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Industrial New Orders Received Index (IECI)

Industrial New Orders Received Index (IECI) Catalonia. May, 2017
Year-over-year variation
Index % month % accumulated
General index (IECI) 118.3 12.1 8.1
Industrial products 119.8 11.9 7.4
Consumer goods 117.2 13.2 6.3
Capital goods 123.7 3.0 4.1
Intermediate goods 119.8 17.2 10.7
Units: Base 2015 = 100.
Source: Idescat and INE.
Industrial New Orders Received Index (IECI) Spain. May, 2017
Year-over-year variation
Index % month % accumulated
General index (IECI) 115.0 9.5 8.0
Industrial products 116.0 8.5 6.1
Consumer goods 115.1 11.4 6.0
Capital goods 114.1 -2.4 2.4
Intermediate goods 118.1 14.9 9.0
Units: Base 2015 = 100.
Source: Idescat and INE.

Last update: July 14, 2017. Revised series on September 6, 2019.

Methodological note

The Industrial New Orders Received Index (IECI) is a short-term indicator used to measure the evolution of Catalan companies' business activity in terms of future demand (reception of orders) aimed at industrial sectors.

The IECI is an index value, i.e. it measures the aggregate evolution of quantities, qualities and prices. The fact that orders received by companies first lead to production and then to sales makes the IECI a predictive indicator of what will happen to the industry in the short term.

The Industrial New Orders Received Index of the Industrial products does not include the energy (divisions 05, 06, 19, 35 and 36 of CCAE-09).

Said methodology is expanded in Industrial New Orders Received Indices.

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