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Turnover Index on Industry. 03/2020

The Turnover Index on Industry (IVNI) for industrial products, excluding energy, registered a year-over-year decrease of 11.6% in Catalonia in March 2020. By large industrial sectors, equipment goods decreased by 34.0% and intermediate goods decreased by 9.7%, while consumer goods increased by 3.4%. In this period, the general IVNI index decreased by 13.0% in year-over-year terms in Catalonia.

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 data began once the reference period had ended and, therefore, it took place throughout the month of April and the first week of May, 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.