The Basque industry maintains production and closes 2023 with a slight increase of 0.3%

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By area, the increase was 0.6% in Álava and 0.5% in Bizkaia, while Gipuzkoa saw a small decrease of 0.1%.

The the industrial production of the Basque Autonomous Community was 5.4% higher in December 2023 compared to that in the same month of the previous year, with a greater increase in numbers Alava (8.1%) than in Gipuzkoa (6.5%) and Bizkaia (2.9%), according to data compiled by eustat.

On his part, the balance is of set of the year 2023 end with one 0.3% increase of industrial activity compared to the previous year. The increase was large per area 0.6% in Álava and of one 0.5% in Bizkaiawhile Gipuzkoa a little ago Decrease of 0.1%.

By means of economic destination of the goodsIn semi-finished products, which include metallurgy and the production of metal products, the chemical industry and the production of rubber and plastic products, there has been a year-on-year production increase of 4.8%.

The positive evolution in 2023 as a whole is mainly due to the good performance of both the Equipment goods from the Consumer non-durableswith an accumulated growth for the year as a whole of 4.2% and 2.7% respectively.

Production fell in the field of consumer durables 9.9% compared to 2022 and in the Energy and semi-finished products fell by 9.1% and 0.1% respectively.

In December, in the Intermediateswhich includes metallurgy and the production of metal products, the chemical industry and the production of rubber and plastic products, there was a year-on-year increase in production of 4.8%.

The Consumer goodsin contrast, showed a negative year-on-year performance with a production decline of 0.5% for the sector as a whole.

This decline was due to the behavior of the Consumer durableswhich includes the production of furniture and household appliances, which had to decline by 11.2%.

The production of the Consumer non-durablesin turn, rose by 1.9%.

The Energy production In December 2023, it fell by 4.6% compared to the same month of the previous year.

In the Equipment goodswhich also includes the manufacture of motor vehicles, the construction of locomotives and railway equipment and aviation and shipbuilding, production increased by 10.3%.

Source: EITB

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