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Industrial Production Index. 03/2020

The Industrial Production Index adjusted by working days dropped a 17.4% in Catalonia in March 2020. For large industrial sectors, all of them decreased: equipment goods by 31.2%, intermediate goods by 16.4%, consumer goods by 11.5% and energy by 5.0%.

In this same period the Index of Industrial Production (which does not include energy and is not adjusted by working days) decreased a 12.4% compared to the year before.

The entry into force of Royal Decree 463/2020, of 14 March, whereby a state of alarm is declared for the management of the health crisis situation caused by COVID-19 has caused many companies to close or produce with less intensity from that date. Despite the fact that the collection of the IPI data began once the reference period had ended and, therefore, it took place throughout the month of April (in which some establishments were already closed), the response rate has been very acceptable, consequently the quality of the indicators for March is similar to that of any other month.