EU-27 monthly industrial output grows 0.8 percent in August over July

Wednesday, 13 October 2010 14:26:27 (GMT+3)   |  

Seasonally-adjusted industrial production in the European Union member states (EU-27) in August 2010 grew by 0.8 percent as compared to the previous month, according to a report released by Eurostat, the Statistical Office of the European Communities. In July, industrial production in the region had slightly increased by 0.1 percent over June.

On the other hand, compared with August 2009, industrial production in the EU-27 in August this year improved by 7.5 percent. August was the eighth consecutive month in which a year-on-year increase was recorded.

In August this year, production of durable consumer goods in the EU-27 rose by 1.4 percent as compared to the previous month and was up 7.6 percent year on year, while production of intermediate goods moved up by one percent in August compared to July and was up 10.2 percent over the same month of the previous year. In addition, production of energy in the EU-27 declined by 0.3 percent month on month, while the year-on-year increase was 0.2 percent.

Among the member states for which data are available, in August industrial production rose in eighteen member states, fell in three other member states and remained stable in France, all compared to July. The highest month-on-month increases were registered in Greece with 5.6 percent, in Lithuania and Slovenia, both with 5.2 percent, and in Portugal with 3.8 percent; meanwhile, the most significant declines were observed in Ireland with 13.6 percent, in Denmark with 6.6 percent and in Sweden with four percent.


Tags: Europe Production 

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