21 March 2025

Industrial Turnover Indices (ITI)

January 2025. Provisional data

Main results

The annual rate variation of the Total Industrial Turnover Index stands at 1.7% in the seasonal and calendar adjusted and -0.4% in the original.
The monthly variation stands at -0.7%, after seasonal and calendar adjustment.

More information

Tables annex (includes information by autonomous communities and original and adjusted series by sectors)
Detailed results (monthly and annual data)

The Industrial Turnover Index (ITI), once adjusted for seasonal and calendar effects, showed in January a variation of 1.7% as compared with the same month of the previous year.

The ITI original series registered an annual variation of -0.4%.

Industrial Turnover Index

Monthly rate. Percentage

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        "Jun-23",
        "Jul-23",
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        "Sep-23",
        "Oct-23",
        "Nov-23",
        "Dec-23",
        "Jan-24",
        "Feb-24",
        "Mar-24",
        "Apr-24",
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        "Jun-24",
        "Jul-24",
        "Aug-24",
        "Sep-24",
        "Oct-24",
        "Nov-24",
        "Dec-24",
        "Jan-25"
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    "values": [
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            12.1,
            7.6,
            9.7,
            -7.8,
            -2.3,
            -6.6,
            -5.2,
            -6.3,
            -5.6,
            0,
            -1.9,
            -8,
            1.3,
            1.3,
            -12.2,
            13.9,
            -1.3,
            -5.1,
            5.4,
            -4.3,
            -1.3,
            4.6,
            -2,
            6.9,
            -0.4
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            8.3,
            7.4,
            10.1,
            -4.6,
            -3.3,
            -6.1,
            -4,
            -5.7,
            -3.6,
            -2.7,
            -1.8,
            -2.9,
            -2.2,
            0.4,
            -0.4,
            0.9,
            -0.7,
            0.4,
            -0.6,
            -1.6,
            0.4,
            -1.7,
            0.1,
            2.4,
            1.7
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By market, positive annual rates were observed in two of the analysed markets in January. It is worth noting the decrease registered in the euro area in the foreign market (-6.3%).

Industrial Turnover Index, Total and by market. January 2025

Annual rate. Percentage

Monthly trend of ITI

The monthly variation of the seasonally and calendar adjusted Total Industrial Turnover Index between the months of January and December, stood at -0.7%. This rate was 1.7 points lower than the previous month.

Industrial Turnover Index, Total. Seasonally and calendar adjusted

Annual rate. Percentage

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        "Jun-23",
        "Jul-23",
        "Aug-23",
        "Sep-23",
        "Oct-23",
        "Nov-23",
        "Dec-23",
        "Jan-24",
        "Feb-24",
        "Mar-24",
        "Apr-24",
        "May-24",
        "Jun-24",
        "Jul-24",
        "Aug-24",
        "Sep-24",
        "Oct-24",
        "Nov-24",
        "Dec-24",
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            -0.7,
            -1.6,
            -0.1,
            -0.9,
            1.1,
            -1.2,
            0.2,
            0.8,
            -0.1,
            0.4,
            0.5,
            -1.3,
            0,
            1,
            -0.8,
            0.4,
            -0.5,
            -0.1,
            -0.8,
            -0.2,
            1.9,
            -1.8,
            2.4,
            1,
            -0.7
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By Main Industrial Groupings (MIGs), four of the five sectors showed positive monthly rates. It is worth highlighting the increase in Energy (2.0%), followed by Durable consumer goods (1.5%). The only sector that decreased was Capital goods (-7.3%).

Results by Autonomous Community. Original series

Turnover increased as compared to January 2024 in eight Autonomous Communities and decreased in the other nine.

The largest increases were recorded in Illes Balears (12.3%), Castilla - La Mancha (4.7%) and La Rioja (3.6%).

The largest decreases were recorded in Comunidad Foral de Navarra (-14.9%), País Vasco (-5.2%) and Aragón and Extremadura (¿3.2% in both).

Industrial Turnover Index, Total and by Autonomous Community. January 2025

Percentage

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        "Cataluña",
        "Galicia",
        "Rioja, La",
        "Castilla - La Mancha",
        "Balears, Illes"
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            -14.9,
            -5.2,
            -3.2,
            -3.2,
            -2.4,
            -0.4,
            -0.4,
            -0.2,
            -0.1,
            -0.1,
            0.6,
            1.5,
            1.5,
            1.7,
            2.2,
            3.6,
            4.7,
            12.3
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Revisions and data update

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.

Methodological note

The Industrial Turnover Indices (ITI) aim to measure the evolution of the activity of companies that are part of the industrial sector in Spain, based on their turnover figures. This information is also requested broken down by market.

Survey Type:: ongoing monthly.
Base year:: 2021.
Population scope:: units of economic activity whose main activity is included in Sections B: Extractive industries (with the exception, due to their not being relevant to Spanish industry, of division 09) or C: Manufacturing industry of CNAE-2009.
Geographical scope:: the whole country, excluding Ceuta and Melilla.
Sample size:: Approx. 12,000 establishments.
Data collection:: monthly, value of total business turnover broken down by market.
Collection method:: fill in a questionnaire by the respondent using one of the following methods: internet (IRIA system), email, fax, telephone or post.

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.

For further information see

Official INE account on @es_ine

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