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Industrial Production Index (IPI). January 2026. Provisional data 5 March 2026

The annual rate of the Industrial Production Index stood at -0.3% in the seasonally and calendar adjusted series and 2.8 in the original series. The monthly change in the Industrial Production Index was -2.5% if seasonal and calendar effects are eliminated.

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Tabla con los principales indicadores de la operación

Industrial Production Indices - January 2026
Indicator Note Annual variation in the original series Annual variation in the corrected series
General index -2.7 0.3
Consumer goods -6.0 -2.2
Capital goods -2.1 2.0
Intermediate goods -5.1 -2.3
Energy 4.5 5.6
  • Seasonally and calendar adjusted series
Latest data
January 2026 Published: 05/03/2026
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The Industrial Production Index (IPI) is a short-term indicator that measures the monthly evolution of the productive activity of the industrial branches, excluding construction, contained in the National Classification of Economic Activities 2009 (CNAE-2009). It therefore investigates the activities included in sections B, C, D and division 36: Water collection, treatment and supply, from section E of the CNAE-2009.

The IPI measures the joint evolution of quantity and quality, removing the influence of prices. In order to obtain this information a continuous monthly survey is carried out which investigates over 11,500 establishments every month.