In March 2020 the seasonally adjusted industrial production index decreased by 28.4% compared with the previous month. The change in the first quarter of this year with respect to the previous one was -8.4%.
The calendar adjusted industrial production index decreased by 29.3% compared with March 2019 (calendar working days being 22 versus 21 days in March 2019).
The unadjusted industrial production index decreased by 27.1% compared with March 2019.
The index measures the monthly evolution of the volume of industrial production (excluding construction).