Euro area industrial output down 1.5 percent in July from June

Thursday, 12 September 2013 18:15:35 (GMT+3)   |   Istanbul
       

In July this year, seasonally-adjusted industrial production decreased by 1.5 percent in the euro area and by 1.0 percent in the EU-28, as compared with June, while production in June had increased by 0.6 percent and 0.9 percent month on month in the respective areas. In July this year compared with July 2012, industrial production decreased by 2.1 percent in the euro area and by 1.7 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.

As compared to June this year, in July the production of capital goods decreased by 2.6 in the euro area and by 1.6 percent in the EU-28. Meanwhile, non-durable consumer goods fell by 0.9 in the euro area and by 0.5 percent in the EU-28. The production of intermediate goods fell by 0.7 percent in the euro area and by 0.6 percent in the EU-28. In July this year, durable consumer goods fell by 2.2 percent in the euro area and by 0.5 percent in the EU-28, while production of energy dropped 1.6 percent in the euro area and fell by 1.2 percent in the EU-28, month on month.

Among the member states for which data are available, in July this year industrial production rose in 10 states, fell in 12, and remained stable in United Kingdom, on month-on-month basis. The largest increases were registered in Lithuania (+3.3%), Denmark (+2.3%), Estonia (+2.1%), and Finland (+2.0%), and the largest decreases in Ireland (-8.7%), Malta (-6.7%), Portugal (-3.2%), Greece (-2.8%) and Germany (-2.3%)


As compared to the same month of 2012, in July this year production of durable consumer goods declined by 3.9 percent in the euro area and rose by 1.8 percent in the EU-28, while intermediate goods fell by 1.2 percent in both zones. Production of non-durable consumer goods decreased by 0.7 percent in the euro area and fell by 0.4 percent in the EU-28. Production of energy fell by 2.8 percent in the euro area and by 4.4 percent in the EU-28, while production of capital goods decreased by 3.3 percent in the euro area and by 1.9 percent in the EU-27.


Among the member states for which data are available, in July this year industrial production fell in 15 states and rose in seven and remained stable in Slovenia, on year-on-year basis. The highest increases were registered in Estonia (+7.8%), Romania (+7.3%) and Poland (+3.8%), and the largest decreases were in Greece (-8.2%), Ireland (-7.9%) and Malta (-7.7%).


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