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Definition of concepts

Equipment assets
Items used in the production process with a useful life of more than one year. Includes land, buildings, machinery, utilities, furniture and vehicles.
Industrial production index (IPI)
Quantitative indicator of the production of industrial goods (including energy). Measure of the evolution of production without taking into account the effect of prices.

Methodological aspects

The Industrial Production Index (IPI) is a short-term indicator which measures changes in the production activity of the industrial branches. The purpose of the index is to measure change in the volume of gross added value generated by the industrial branches and by industry as a whole. Consequently it measures changes in industrial production without the price effect.

The Industrial products production index (IPPI) includes all the major industrial sectors apart from energy, defined according to Regulation (EC) No 656/2007 of the Commission of the European Communities modifying Regulation (EC) No 586/2001 as regards the definition of Main Industrial Groupings.

The information is broken down into the main industrial sectors established by the aforementioned regulation, to which Idescat incorporates for Catalonia an additional disaggregation for equipment goods and intermediate goods.

The indexes use Laspeyres methodology, with weightings set for the base year (2015), in line with the information from the Annual Industrial Company Survey (AICS) and the Annual Industrial Product Survey (AIPS).

A continuous survey is taken every month in order to produce this short-term indicator. The industrial products which make up the basket for the IPI base 2015 basically follow the PRODCOM (Community Production) classification for harmonization of statistics for industrial production in European Union countries.

In compliance with EU regulations, since January 2018 the indexes have been published with the new base 2015 and following the new Catalan Classification of Economic Activities 2009 (CCEA-2009). Linked series since January 2002 are also provided.

Unavailable information is represented using the symbol ":". When the value is lower than that of the minimum unit to be able to estimate the statistical operation or if it effects statistical confidentiality, the symbol used is "..".