Euro area industrial output down 0.8 percent in February from January

Wednesday, 13 April 2016 17:28:11 (GMT+3)   |   Istanbul
       

In February this year, seasonally-adjusted industrial production decreased by 0.8 percent in the euro area and by 0.7 percent in the EU-28, as compared with January, while industrial production in January had risen by 1.9 percent in the euro area and by 1.5 percent in the EU-28, both on month-on-month basis. In February this year compared with February 2015, industrial production increased by 0.8 percent both in the euro area and in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union
 
As compared to January, in February this year the production of durable goods decreased by 0.4 percent in the euro area and was down by 0.1 percent in the EU-28, while the production of non-durable consumer goods fell by 1.8 percent in the euro area and was down 1.4 percent in the EU-28. Meanwhile, production of energy decreased by 1.2 percent both in the euro area and in the EU-28, month on month. In February this year, production of capital goods decreased by 0.3 percent in the euro area and was down by 0.5 percent in the EU-28 area, while the production of intermediate goods remained stable in the euro area and increased by 0.1 percent in the EU-28, all month on month.  
 
Among the member states, in February the highest month-on-month decreases were registered in Ireland (-10.5 percent), Greece (-4.4 percent) and Croatia (-1.6 percent), and the highest increases in Lithuania (+2.5 percent), Slovakia (+2.4 percent) and Malta (+1.8 percent).
 
As compared to the same month of 2015, in February this year production of non-durable consumer goods increased by 0.7 percent in the euro area and by 0.5 percent in the EU-28, while production of intermediate goods rose by 1.9 percent in the euro area and was up by 1.6 percent in the EU-28. In February this year, production of durable consumer goods increased by 0.8 percent in the euro area and by 1.6 percent in the EU-28, production of energy fell by 5.2 percent in the euro area and was down by 3.6 percent in the EU-28, while production of capital goods increased by three percent in the euro area and by 2.7 percent in the EU-28, all year on year.
 
Among the member states for which data are available, in February of the current year the largest year-on-year increases were registered in Slovakia (+7.4 percent), Slovenia (+6.5 percent) and Lithuania (+6.3 percent), and the largest decreases in Malta (-4.6 percent), Greece (-3.0 percent) and the Netherlands (-2.8 percent).