In May this year, seasonally-adjusted industrial production decreased by 0.4 percent in the euro area, and by 0.3 percent in the EU-28, as compared with April, while industrial production in April had remained stable both in the euro area and the EU-28, both on month-on-month basis. In May this year compared with May 2014, industrial production increased by 1.6 percent in the euro area and by two percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.
As compared to April, in May this year the production of durable goods increased by 0.4 percent in the euro area and remained unchanged in the EU-28, while the production of non-durable consumer goods was down by 1.4 percent in the euro area and by 0.6 percent in the EU-28. Meanwhile, the production of intermediate goods increased by 0.1 percent in the euro area and decreased by 0.2 percent in the EU-28, month on month. In May of the current year, production of capital goods increased by one percent in the euro area and by 0.6 percent in the EU-28 area, while production of energy decreased by 3.2 percent in the euro area and by 1.2 percent in the EU-28, all month on month.
Among the member states, in May the highest month-on-month increases were registered in Croatia (+2.6 percent), Lithuania (+1.7 percent) and Portugal (+1.0 percent) and the largest decreases in Ireland (-6.9 percent), the Netherlands (-5.7 percent), and Greece (-5.1 percent).
As compared to the same month of 2014, in May this year production of non-durable consumer goods decreased by 0.5 percent in the euro area and by 0.4 percent in the EU-28, while production of intermediate goods increased by 2.2 percent both in the euro area and in the EU-28. In May of the current year, production of durable consumer goods increased by 4.8 percent in the euro area and by 4.1 percent in the EU-28, production of energy decreased by 4.2 percent in the euro area and by 0.9 percent in the EU-28, while production of capital goods increased by 4.1 percent in the euro area and by 4.2 percent in the EU-28, all year on year.
Among the member states for which data are available, in May this year the largest year-on-year decreases were registered in the Netherlands (-7.4 percent), Finland (-5.1 percent) and Ireland (-5.0 percent) and the highest increases in Malta (+9.5 percent), and Latvia (+6.5 percent) and Hungary (+6.2 percent).