20 February 2026

Industrial Turnover Indices (ITI)

December 2025. Provisional data

Main results

The annual rate variation of the Total Industrial Turnover Index stands at −2.4% in the seasonal and calendar adjusted and 1.5% in the original.
The monthly variation stands at 0.3%, after seasonal and calendar adjustment.
Throughout the year 2025, the business turnover increases by 0.3% in the adjusted series and 0.5% in the original series.

Más información

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 December a variation of -2.4% as compared with the same month of the previous year. The ITI original series registered an annual variation of 1.5%.

Industrial Turnover Index, Total. Seasonally and calendar adjusted

Monthly rate. Percentage

{
  "mode": "chart",
  "type": "lineasprensa",
  "width": "170mm",
  "height": "110mm",
  "legend": true,
  "valueAxis": true,
  "tags": false,
  "series": [
    { "label": "Original" },
    { "label": "Seasonally and calendar adjusted" }
  ],
  "ticks": [
    "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",
    "Jan-25",
    "Feb-25",
    "Mar-25",
    "Apr-25",
    "May-25",
    "Jun-25",
    "Jul-25",
    "Aug-25",
    "Sep-25",
    "Oct-25",
    "Nov-25",
    "Dec-25"
  ],
  "values": [
    [
      "-8",
      "1.3",
      "1.3",
      "-12.2",
      "13.9",
      "-1.3",
      "-5.1",
      "5.4",
      "-4.3",
      "-1.4",
      "4.6",
      "-2",
      "7.1",
      "-0.5",
      "0.3",
      "6.8",
      "-6.9",
      "-1.9",
      "3.4",
      "2.4",
      "-2.8",
      "4.2",
      "1.7",
      "-2.8",
      "1.5"
    ],
    [
      "-2.9",
      "-2.2",
      "0.3",
      "-0.3",
      "1",
      "-0.7",
      "0.3",
      "-0.7",
      "-1.5",
      "0.3",
      "-1.7",
      "0.2",
      "2.4",
      "1.5",
      "0.9",
      "0.4",
      "-1.1",
      "0.3",
      "1.7",
      "1.7",
      "0.6",
      "0.5",
      "1.2",
      "-1.8",
      "-2.4"
    ]
  ],
  "ratioMargen": 0.05,
  "angleTick": "-90",
  "angleTag": "0",
  "fillToZero": false,
  "colors": [
    "#457E76",
    "#A45C0A",
    "#0071AD",
    "#756F0F",
    "#C33C9D",
    "#677746"
  ]
}

Throughout the year 2025, the industrial Turnover Index, once adjusted for seasonal and calendar effects, increased by 0.3% as compared with 2024, and by 0.5% in the original series.

By market, negative annual rates were observed in two of the analysed markets in December. It is worth noting the decrease registered in the non euro area in the foreign market (-4.8%).

Industrial Turnover Index, Total and by market. December 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 December and November, stood at 0.3%. This rate was eight tenths higher than the previous month.

Industrial Turnover Index, Total. Seasonally and calendar adjusted

Annual rate. Percentage

{
    "mode": "chart",
    "type": "barrasprensa",
    "with": "150mm",
    "height": "80mm",
    "legend": false,
    "valueAxis": false,
    "tags": true,
    "series": [
        {
            "label": "Monthly rate"
        }
    ],
    "ticks": [
        "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",
        "Jan-25",
        "Feb-25",
        "Mar-25",
        "Apr-25",
        "May-25",
        "Jun-25",
        "Jul-25",
        "Aug-25",
        "Sep-25",
        "Oct-25",
        "Nov-25",
        "Dec-25"
    ],
    "values": [
        [
            -1.4,
            -0.1,
            0.9,
            -0.4,
            0.6,
            -0.8,
            -0.5,
            -0.7,
            0.1,
            1.4,
            -1.5,
            2.5,
            0.8,
            -0.9,
            0.3,
            -0.9,
            -0.9,
            0.6,
            0.9,
            -0.7,
            -0.9,
            1.2,
            -0.8,
            -0.5,
            0.3
        ]
    ],
    "ratioMargen": 0.15,
    "angleTick": "-90",
    "angleTag": "0",
    "colors": [
        "#457E76",
        null
    ],
    "config": {
        "marcaTick": {
            "color": "#9E1834",
            "value": "Dec-25"
        }
    }
}

By Main Industrial Groupings (MIGs), Energy¹ (1,5%), Capital goods (1,1%) and Intermediate good (0,4%) showed positive monthly rates. On the other hand Non-durable consumer goods (−4,0%) y Bienes de consumo no duraderos (-1,8%) showed negative monthly rates.

Results by Autonomous Community. Annual rates of the Industrial Turnover. Original series

Turnover increased as compared to December 2024 in 12 Autonomous Communities and decreased in the other five.

The largest decreases were recorded in Comunidad Foral de Navarra (-9.9%), Castilla y León (-3.3%) and Región de Murcia (-2.3%).

The largest increases were recorded in Aragón (6.4%), Canarias (5.7%) and Principado de Asturias (5.2%).

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

Annual rate. Percentage.

{
    "mode": "chart",
    "type": "barrashorizontalesprensa",
    "with": "170mm",
    "height": "120mm",
    "legend": false,
    "valueAxis": false,
    "tags": true,
    "series": [
        {
            "label": "Annual rate"
        },
        {
            "label": "Average year"
        }
    ],
    "ticks": [
        "Navarra, Comunidad Foral de",
        "Castilla y León",
        "Murcia, Región de",
        "Madrid, Comunidad de",
        "Castilla - La Mancha",
        "Balears, Illes",
        "NATIONAL",
        "Galicia",
        "Comunitat Valenciana",
        "Extremadura",
        "Cataluña",
        "Cantabria",
        "País Vasco",
        "Andalucía",
        "Rioja, La",
        "Asturias, Principado de",
        "Canarias",
        "Aragón"
    ],
    "values": [
        [
            -9.9,
            -3.3,
            -2.3,
            -2.1,
            -1.7,
            0.5,
            1.5,
            1.7,
            2.2,
            2.8,
            3,
            3.2,
            3.9,
            4.5,
            4.6,
            5.2,
            5.7,
            6.4
        ],
        [
            -3.1,
            -0.1,
            -0.2,
            2.9,
            1.6,
            5,
            0.5,
            2.2,
            0.1,
            -0.9,
            0.9,
            3,
            -0.5,
            -0.9,
            1.6,
            -1.2,
            1.9,
            -0.3
        ]
    ],
    "ratioMargen": 0.1,
    "angleTick": "0",
    "angleTag": "0",
    "colors": [
        "#457E76",
        "#A45C0A"
    ],
    "config": {
    }
}

Throughout the year 2025, the turnover increased in nine Autonomous Communities and decreased in the other eight. The largest increases were recorded in Illes Balears (5.0%), Cantabria (3.0%) and Comunidad de Madrid (2.9%). The largest decreases were recorded in Comunidad Foral de Navarra (-3.1%), Principado de Asturias (-1.2%) and Extremadura (-0.9%).

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.

According to the Commission Delegated Regulation (EU) 2023/137 INE has started the works to incorporate the new National Classification of Economic Activities CNAE-2025 in all the statistical operations.

In the case of the ITI, the release of the first results with CNAE-2025 will take place in March 2028.

Methodological note

Industrial Turnover Indices (ITI) aim at measuring the monthly evolution of the companies belonging to the industrial sector in Spain, according to their turnover. This information is required brokendown by markets.

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

All press releases at:: www.ine.es/en/prensa/prensa_en.htm
Press office:: (+34) 91 583 93 63 / (+34) 661 944 540 / (+34) 678 168 837 – gprensa@ine.es
Information area:: (+34) 91 583 91 00 – www.ine.es/infoine/?L=1