The Industrial Production Index is a short-term indicator that measures changes in the volume of gross value added generated by industrial sectors and industry as a whole. As an index value it measures changes in industrial production, without taking into account the effect of prices.
The Industrial Production Index is calculated for the large industrial sectors, according to the economic destination of goods (defined in Annex II of Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statisticss). Idescat includes a disaggregation of equipment goods and intermediate goods for Catalonia. It also provides this for the four sections of the CCAE-2009 and the divisions within manufacturing industries.
Idescat also calculates the Industrial Production Index of industrial products, which includes all the large industrial sectors, except for energy.
Furthermore, it publishes the Industrial Production Index adjusted by working days, which allows for calculation of variation rates between months of equal duration. The correction is performed for the general index and each of the large industrial sectors.
The primary source of information is a continuous monthly survey carried out by the INE.
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