Euro area industrial output down 0.4 percent in June from May

Wednesday, 12 August 2015 16:41:01 (GMT+3)   |   Istanbul
       

In June this year, seasonally-adjusted industrial production decreased by 0.4 percent in the euro area and by 0.2 percent in the EU-28, as compared with May, while industrial production in May had decreased by 0.4 percent in the euro area and was down by 0.3 percent in the EU-28, both on month-on-month basis. In June this year compared with June 2014, industrial production increased by 1.2 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 May, in June this year the production of durable goods decreased by two percent in the euro area and fell by 0.4 percent in the EU-28, while the production of non-durable consumer goods remained stable in the euro area and was down by 0.3 percent in the EU-28. Meanwhile, the production of intermediate goods decreased by 0.5 percent in the euro area and declined by 0.1 percent in the EU-28, month on month. In June of the current year, production of capital goods fell by 1.8 percent in the euro area and by 1.2 percent in the EU-28 area, while production of energy grew by 3.2 percent in the euro area and by 1.5 percent in the EU-28, all month on month.   
 
Among the member states, in June the highest month-on-month increases were registered in Denmark (+4.2 percent), the Netherlands (+3.9 percent) and Slovakia (+1.4 percent) and the largest decreases in Cyprus (-2.9 percent), Portugal (-2.1 percent), and Ireland (-2.0 percent).
 
As compared to the same month of 2014, in June this year production of non-durable consumer goods increased by 2.5 percent in the euro area and by 1.5 percent in the EU-28, while production of intermediate goods increased by 0.2 percent both in the euro area and was up by 0.8 percent in the EU-28. In June of the current year, production of durable consumer goods increased by 0.2 percent in the euro area and by 2.2 percent in the EU-28, production of energy remained stable in the euro area and showed an increase of 1.7 percent in the EU-28, while production of capital goods increased by 1.7 percent in the euro area and by 2.4 percent in the EU-28, all year on year.
 
Among the member states for which data are available, in June this year the largest year-on-year decreases were registered in Greece (-4.6 percent), Estonia (-3.4 percent), the Netherlands (-2.4 percent), Finland (-1.1 percent) and Italy (-0.3 percent) and the highest increases in Ireland (+27.6 percent), Denmark (+7.6 percent), Lituania (+6.9 percent) and Slovakia (+6.4 percent).