The Industrial Production Index (IPI) adjusted by working days (base 2015=100) increased by 3.9% on a year-over-year basis in Catalonia in February 2018. By large industrial sectors, equipment goods increased by 8.2%, energy by 7.9% and intermediate goods by 5.1%; while consumer goods decreased by 1.6%.
In this same period the index of industrial production (which does not include energy and is not adjusted by working days) increased by 3.3% compared to the year before.
The Industrial Production Index is a short-term indicator that measures the monthly evolution in the volume of gross added value generated by industrial branches and by industry as a whole. It therefore measures the changes in industrial production without the price effect. Based on data from INE, Idescat makes a tabulation by major industrial sectors as well as by sections and divisions in the CCAE-2009. It also calculates the IPI corrected for calendar effects.