Euro area industrial output down 0.1 percent in March from February

Monday, 15 May 2017 16:41:13 (GMT+3)   |   Istanbul
       

In March this year, seasonally-adjusted industrial production decreased by 0.1 percent in the euro area and remained stable in the EU-28, as compared with February, while industrial production in February had fallen by 0.1 percent in the euro area and had remained stable in the EU-28, both on month-on-month basis. In March this year compared with March last year, industrial production increased by 1.9 percent in the euro area and by 2.4 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union
 
As compared to February, in March this year the production of durable goods rose 0.9 percent both in the euro area and in the EU-28, while the production of non-durable consumer goods increased by 2.1 percent  in the euro area and was up 1.9 percent in the EU-28. In March this year, production of capital goods increased by 0.2 percent in the euro area and by 0.1 percent in the EU-28, while the production of intermediate goods increased by 0.3 percent in the euro area and by 0.4 percent in the EU-28, all month on month. Meanwhile, production of energy fell by 3.2 percent in the euro area and by 2.8 percent in the EU-28, month on month. 
 
Among the member states, in March the highest month-on-month decreases were registered in Lithuania (-3.1%), Greece (-2.0%) and the Netherlands (-1.7%), and the highest increases in Romania (+2.6%), Estonia (+2.4%), Poland (+2.1%) and France (+2.0%).
 
As compared to the same month of 2016, in March this year production of durable consumer goods increased by 4.1 percent in the euro area and was up by 3.3 percent in the EU-28, production of intermediate goods rose by 3.2 percent in the euro area and by 3.3 percent in the EU-28, while production of capital goods increased by 2.7 percent in the euro area and rose by 2.4 percent in the EU-28, all year on year. In March this year, production of non-durable consumer goods increased by 1.7 percent in the euro area and by 2.9 percent in the EU-28, while production of energy fell by 4.8 percent in the euro area and was down by 5.7 percent in the EU-28, both on year-on-year basis.
 
Among the member states for which data are available, in March the largest year-on-year increases were registered in Estonia (+14.8%), Romania (+10.2%) and Latvia (+10.0%), and the largest decrease in the Netherlands (-2.2%).

Similar articles

Euro area industrial output up slightly in April from March

12 Jun | Steel News

Euro area industrial output up slightly in April from March

12 Jun | Steel News