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Andalusia's industrial production rises by 5.6% in August, outpacing national average

Industrial activity in Andalusia experienced a year-on-year growth of 5.6% in August, significantly exceeding the national average of 1.5%. Cumulatively, the growth from January to August stood at 4.6%, 3.1 points higher than the overall figure for Spain.

Andalusia's industrial production rises by 5.6% in August, outpacing national average

Industrial activity in Andalusia recorded a year-on-year growth of 5.6% in August, continuing its upward trend at a pace greater than that of Spain as a whole, surpassing the national average by more than four points (1.5%). Additionally, compared to the previous month, the seasonally and calendar-adjusted industrial production index increased by 1.0%.

According to data from the Weekly Economic Observatory prepared by the General Secretariat of Economy, based on figures from the National Statistics Institute (INE) and the Institute of Statistics and Cartography of Andalusia (IECA), published in October, the cumulative industrial production in Andalusia rose by 4.6% year-on-year between January and August, which is 3.1 points higher than the increase recorded across Spain, which was 1.5%.

In raw terms, the year-on-year variation of the industrial production index was 7.8% in August, marking the third-largest increase among the ten autonomous communities that reported growth, and more than six points above the national figure (+1.6%). Furthermore, the cumulative growth for the first eight months of the year was 5.1%, 3.7 points above the national average (+1.4%), highlighting Andalusia as one of the most dynamic autonomous communities.

Regarding the classification of capital goods by functionality, the year-on-year rate increased by 14.5% for capital goods, 9.1% for intermediate goods, and 8.1% for energy, while there was a decrease of 0.7% in consumer goods. By sector, the adjusted series experienced year-on-year growth of 56.2% in extractive industries, 8.8% in the supply of electricity, gas, steam, and air conditioning, 5.0% in water supply, sanitation, waste management, and decontamination activities, and 3.0% in manufacturing. The weights in the general index for these sectors are 5.1%, 19.3%, 5.6%, and 70.0%, respectively.

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