EU-27 industrial production up 1.8 percent in January

Friday, 12 March 2010 15:58:58 (GMT+2)

Seasonally-adjusted industrial production in the European Union member states (EU-27) in January 2010 rose 1.8 percent month on month, according to a report released by Eurostat, the Statistical Office of the European Communities. In December 2009, industrial production in the region had slightly increased by 0.3 percent over November.

On the other hand, compared with January 2009, industrial production in the EU-27 in January this year improved by 1.5 percent.

In January this year, production of durable consumer goods in the EU-27 increased by 1.7 percent month on month and was up 1.5 percent year on year, while production of capital goods rose by 0.4 percent over December and jumped by 1.7 percent compared to January 2009. Production of intermediate goods grew by 0.3 percent in January compared to December 2009 and was up 3.9 percent over the same month of the previous year. In addition, production of energy in the EU-27 increased by 2.2 percent month on month, while the year-on-year drop was 2.4 percent.

Among the member states for which data are available, in January industrial production rose in thirteen member states and fell in six other member states, compared to December. The highest month-on-month increases were registered in Ireland with 15.3 percent, in Bulgaria with 4.9 percent and in Estonia with 4.5 percent; meanwhile, the most significant declines were observed in Portugal and Finland, both with 2.2 percent, in Denmark with 9.8 percent and in Greece with 4.4 percent.

 previous article  /  next article