In February this year, seasonally-adjusted industrial production declined by 0.5 percent in the euro area and by 0.6 percent in the EU-27, as compared with January this year.
Industrial production in January this year had declined by 2.8 percent in the euro area and by 2.3 percent in the EU-27, both on month-on-month basis. In February this year, compared with February 2022, industrial production moved up by 13.2 percent in the euro area and by 14.5 percent in the EU-27. These figures are released by Eurostat, the Statistical Office of the European Union.
As compared to January this year, in February the production of durable goods was up by 0.4 percent in the euro area and by 0.5 percent in the EU-27, while the production of capital goods increased by 0.3 percent in the euro area and by 0.4 percent in the EU-27, both on month-on-month basis. In the given month, output of non-durable consumer goods rose by 0.6 percent both in the euro area and in the EU-27, month on month. In February, the production of intermediate goods decreased by 0.1 percent both in the euro area and in the EU-27, while the production of energy moved down by 1.6 percent in the euro area and by 2.1 in the EU-27, all month on month.
Among the member states, in February the highest month-on-month increases were registered in Slovakia (11.5%), Slovenia (2.7%) and Portugal (2.5%).
As compared to the same month of 2022, in February this year production of capital goods grew by 7.3 percent in the euro area and by 7.6 percent in the EU-27. In the same month, production of durable consumer goods was up by 8.7 percent in the euro area and by 8.8 percent in the EU-27, while production of intermediate goods advanced by 9.3 percent in the euro area and by 9.7 percent in the EU-27, all year on year. In the given month, production of non-durable consumer goods rose by 15.2 percent in the euro area and by 16.0 percent in the EU-27, while production of energy grew by 17.4 percent in the euro area and by 20.1 percent in the EU-27, all on year-on-year basis.