The Index of Industrial Production in the European Community.

Abstract

The aim of the index of industrial production is to synthesize in a limited number of figures, or better still in a single statistical series, the mass of statistical data on the quantities of goods produced by the industry of a country. This aim is not new. Although it was one of the first indices to be calculated, the index of industrial production is still the most widely used short-term indicator of the level of economic activity, particularly as it can be calculated quickly.