Euro area industrial output up 0.5 percent in April from March

Wednesday, 14 June 2017 14:44:43 (GMT+3)   |   Istanbul
       

In April this year, seasonally-adjusted industrial production rose by 0.5 percent in the euro area and by 0.2 percent in the EU-28, as compared with March, while industrial production in March had increased by 0.2 percent in the euro area and 0.3 percent in the EU-28, both on month-on-month basis. In April this year compared with April last year, industrial production increased by 1.4 percent both in the euro area and the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union. 
 
As compared to March, in April this year the production of durable goods rose 0.6 percent in the euro area and fell 0.1 percent in the EU-28, while the production of non-durable consumer goods increased by 0.2 percent both in the euro area and the EU-28. In April this year, production of capital goods fell by 0.7 percent in the euro area and by 0.8 percent in the EU-28, while the production of intermediate goods increased by 0.1 percent in the euro area and remained stable in the EU-28, all month on month. Meanwhile, production of energy increased by 4.7 percent in the euro area and by 3.6 percent in the EU-28, month on month. 
 
Among the member states, in April the highest month-on-month decreases were registered in Slovakia (-10.9%), Luxembourg (-3.1%) and Greece (-2.9%), and the highest increases in Ireland (+7.7%), Malta (+2.9%) and Portugal (+2%).
 
As compared to the same month of 2016, in April this year production of durable consumer goods increased by 4.6 percent in the euro area and was up by 3.7 percent in the EU-28, production of intermediate goods rose by 3.0 percent in the euro area and by 3.8 percent in the EU-28, while production of capital goods increased by 1.0 percent in the euro area and rose by 1.7 percent in the EU-28, all year on year. In April this year, production of non-durable consumer goods increased by 0.6 percent in the euro area and moved up by 0.2 percent in the EU-28, while production of energy fell by 0.1 percent in the euro area and was down by 0.9 percent in the EU-28, both on year-on-year basis.
 
Among the member states for which data are available, in April the largest year-on-year increases were registered in Latvia (+9.6%), Estonia (+9.5%) and Slovenia (+7.8%), and the largest decreases in Luxembourg (-3.3%) and Slovakia (-3.2%).


Tags: Europe Economics 

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