Glossary:Main industrial grouping (MIG)
The main industrial groupings, abbreviated as MIGs, provide an alternative statistical breakdown of the economic activities of industry, as compared to the sectoral breakdown of the Statistical classification of economic activities in the European Community (NACE).
The MIGs are effectively at an intermediate level between the NACE sections on the one hand and the divisions and groups on the other. They are useful because the four NACE sections making up industry (Sections B, C, D and E) are often too broad for meaningful analysis, while the 34 divisions into which these four sections are divided, are too numerous and too heterogeneous (in terms of their size) to represent adequately the development of industry over time.
There are five MIGs:
- intermediate goods;
- capital goods;
- consumer durables;
- consumer non-durables;
These five groupings are not comparable in size; consumer durables, in particular, is smaller than the other ones.
The legal base for the definitions of the MIGs is Commission Regulation (EU) No 2020/1197 of 30 July 2020 (Annex II) implementing Regulation (EU) No 2019/2152 of 27 November 2019 (European Business Statistics Regulation).