Euro area industrial output up 1.3 percent in May from April

Wednesday, 12 July 2017 14:47:57 (GMT+3)   |   Istanbul
       

In May this year, seasonally-adjusted industrial production rose by 1.3 percent in the euro area and by 1.2 percent in the EU-28, as compared with April, while industrial production in April had increased by 0.3 percent in the euro area and 0.1 percent in the EU-28, both on month-on-month basis. In May this year compared with May last year, industrial production increased by four 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 April, in May this year the production of durable goods rose 1.8 percent both in the euro area and in the EU-28, while the production of non-durable consumer goods increased by 1.2 percent in the euro area and one percent in the EU-28. In May this year, production of capital goods rose by 2.3 percent in the euro area and by two percent in the EU-28, while the production of intermediate goods increased by 0.3 percent in the euro area and 0.6 percent in the EU-28, all month on month. Meanwhile, production of energy increased by 0.9 percent in the euro area and by 0.7 percent in the EU-28, month on month. 

Among the member states, in May the highest month-on-month increases were registered in Lithuania (+3.8%), Romania (+3.5%) and the Czech Republic (+3.3%), and the highest decreases in Portugal (-1.0%) and Malta (-0.9%).

As compared to the same month of 2016, in May this year production of durable consumer goods increased by 7.5 percent in the euro area and was up by 6.8 percent in the EU-28, production of intermediate goods rose by 3.8 percent in the euro area and by 4.9 percent in the EU-28, while production of capital goods increased by 5.5 percent in the euro area and rose by 6.1 percent in the EU-28, all year on year. In May this year, production of non-durable consumer goods increased by 2.6 percent in the euro area and moved up by 2.4 percent in the EU-28, while production of energy rose by 2.2 percent in the euro area and was up by 1.1 percent in the EU-28, both on year-on-year basis.

Among the member states for which data are available, in May the largest year-on-year increases were registered in Romania (+14.6%), Estonia (+12.6%) and the Czech Republic (+10.7%), and the largest decreases in Malta and the United Kingdom (both -0.7%).