In May this year, seasonally-adjusted industrial production decreased by 0.6 percent in the euro area and went down by 0.8 percent in the EU-27, as compared with April.
Industrial production in April this year had remained unchanged in the euro area and had increased by 0.5 percent in the EU-27. In May this year, compared with May 2023, industrial production moved down by 2.9 percent in the euro area and by 2.5 percent in the EU-27 countries. These figures are released by Eurostat, the Statistical Office of the European Union.
As compared to April, in May the production of durable goods went down by 1.8 percent in the euro area and by 2.1 percent in the EU-27, while the production of capital goods fell by 1.2 percent in both areas on month-on-month basis. In the given month, output of non-durable consumer goods rose by 1.6 percent in the euro area and 0.8 percent in the EU-27, both month on month. In May, the production of intermediate goods went down by 1.0 percent in both areas, while the production of energy increased by 0.8 percent in the euro area and 0.4 percent in the EU-27, all month on month.
Among the member states, in May the highest month-on-month increases were registered in Ireland (6.7%), Luxembourg (3.9%), and Estonia (3.8%), while the biggest decreases were recorded in Slovenia (7.3%), Romania (6.2%) and Denmark (4.9%).
As compared to the same month of 2023, in May this year production of capital goods fell by 6.5 percent in the euro area and 6.3 percent in the EU-27. In the same month, production of durable consumer goods was down by 4.2 percent in the euro area and by 4.1 percent in the EU-27, while production of intermediate goods fell by 3.5 percent in the euro area and by 3.1 percent in the EU-27, all year on year. In the given month, production of non-durable consumer goods increased by 2.8 percent in the euro area and by 3.3 percent in the EU-27, while production of energy increased by 0.7 percent in the euro area and by 1.2 percent in the EU-27, all on year-on-year basis.
In May, the highest year-on-year increases were registered in Denmark (9.6%), Ireland (8.7%) and Greece (6.8%), while Romania (6.9%), Germany (6.6%) and Bulgaria (6.3%) registered the sharpest decreases.