Euro area industrial output down 0.2 percent in Jan from Dec

Wednesday, 12 March 2014 17:14:56 (GMT+3)   |   Istanbul

In January this year, seasonally-adjusted industrial production decreased by 0.2 percent in the euro area and rose by 0.1 percent in the EU-28 as compared with December, while industrial production in December had decreased by 0.4 percent month on month in both zones. In January this year compared with January 2013, industrial production increased by 2.1 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 December, in January this year the production of capital goods increased by 0.9 percent in the euro area and by 1.3 percent in the EU-28. Meanwhile, in the given month, production of non-durable consumer goods rose by 0.4 percent in the euro area and decreased by 0.4 percent in the EU-28, while production of intermediate goods decreased by 0.1 percent in the euro area and increased by 0.4 percent in the EU-28, month on month. In January of the current year, production of durable consumer goods decreased by 0.6 percent in the euro area, but increased by 0.8 percent in the EU-28, while production of energy decreased by 2.5 percent in the euro area and fell 1.7 percent in the EU-28, all month on month.  
 
Among the member states, the highest month-on-month increases were registered in Croatia (+5.4 percent), Estonia (+4.3 percent) and Hungary (+3.1 percent), and the largest decreases in Latvia (-10.7 percent), the Netherlands (-6.4 percent), Finland (-3.5 percent) and Lithuania (-2.8 percent).

As compared to the same month of 2013, in January this year production of non-durable consumer goods increased by 1.4 percent in the euro area and by 0.4 percent in the EU-28, while production of intermediate goods rose by 3.7 percent in the euro area and by 4.5 percent in the EU-28. Production of durable consumer goods rose by 1.2 percent in the euro area and by 1.8 percent in the EU-28. Production of energy dropped by 4.6 percent in the euro area and by 4.4 percent in the EU-28, while production of capital goods increased by 5.8 percent both in the euro area and the EU-28, all year on year.

Among the member states for which data are available, in January this year the largest year-on-year decreases were registered in Malta (-12.0 percent), Latvia (-11.0 percent), Lithuania (-7.6 percent) and Finland (-7.1 percent), and the highest increases in Luxemburg (+12.7 percent), Romania (+10.5 percent), Poland (+6.4 percent) and Hungary (+6.1 percent).


Similar articles

Brazilian HRC exports increase in June as shipments to the US rise 23 percent

22 Jul | Steel News

USEC docks’ ferrous prices stay unchanged amid geopolitical uncertainty

21 Jul | Scrap & Raw Materials

Brazilian slab export reference price slips after three weeks of stability

21 Jul | Scrap & Raw Materials

Emsteel keeps August rebar prices stable as UAE market sees no need for adjustment

21 Jul | Longs and Billet

Turkey keeps restocking with Asian HRC, local and export prices still under pressure

21 Jul | Flats and Slab

Ex-China HRC sales livelier after prices roll back, competition increases

21 Jul | Flats and Slab

Local Turkish wire rod prices rise amid costlier energy expectations

21 Jul | Longs and Billet

Daily iron ore prices CFR China - July 21, 2026

21 Jul | Scrap & Raw Materials

Ex-India HRC prices decline further in deals, trading activity still insufficient

21 Jul | Flats and Slab

Ex-China stainless steel prices stable, bearish mood becomes cautiously bullish

21 Jul | Flats and Slab