Main results
- The annual rate variation of the Total Industrial Turnover Index stands at -1.0% in the seasonal and calendar adjusted and 5.0% in the original.
- The monthly variation stands at -0.8%, after seasonal and calendar adjustment.
The Industrial Turnover Index (ITI), once adjusted for seasonal and calendar effects, showed in July a variation of -1.0% as compared with the same month of the previous year.
The ITI original series registered an annual variation of 5.0%.
Monthly rate. Percentage
By market, positive annual rates were observed in two of the analysed markets in July. It is worth noting the increase registered in the domestic market (6.9%).
Annual rate. Percentage
The monthly variation of the seasonally and calendar adjusted Total Industrial Turnover Index between the months of July and June, stood at -0.8%. This rate was eight tenths lower than the previous month.
Annual rate. Percentage
By Main Industrial Groupings (MIGs), Non-durable consumer goods (1.6%), Intermediate goods (0.4%) and Durable consumer goods (0.3%) showed positive monthly rates. On the other hand, Energy (-4.9%) and Capital goods (-4.1%) showed negative monthly rates.
Turnover increased as compared to July 2023 in 14 Autonomous Communities and decreased in the other three.
The largest increases were recorded in Principado de Asturias (37.8%), Illes Balears (18.7%) and Extremadura (15.5%).
The largest decreases were recorded in Comunidad Foral de Navarra (-8.3%), País Vasco (-3.6%) and Aragón (-1.6%).
Annual rate. Percentage
On the press release day, INE has updated ITI data series corresponding to the last 13 months. In the case of calendar adjusted and seasonally and calendar adjusted series, according to INE standard, series are revised since its beginning. Results are available at INEbase.
Industrial Turnover Indices (ITI) are short-term indicators aiming at measuring the monthly evolution of the industrial sector, excluding the construction.
The required information is collected since January 2002 through a survey addressed to more than 12.000 industrial establishments throughout the country.
Further information is available in the methodology and in the standardised methodological report.
INE's statistics are produced according to the European Statistics Code of Practice. For further information at Quality at INE and Code of Practice.