Euro area industrial output down 0.7 percent in June from May

Tuesday, 14 August 2018 17:43:58 (GMT+3)   |   Istanbul
       

In June this year, seasonally-adjusted industrial production decreased by 0.7 percent in the euro area and by 0.4 percent in the EU-28, as compared with May. Industrial production in May had increased by 1.4 percent in the euro area and by 1.3 percent in the EU-28, on month-on-month basis. In June this year compared with June 2017, industrial production rose by 2.5 percent in the euro area and was up by 2.6 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.

As compared to May, in June this year the production of capital goods decreased by 2.9 percent in the euro area and by two percent in the EU-28, while the production of non-durable consumer goods fell by 0.6 percent in the euro area and by 0.1 percent in the EU-28. In June this year, the production of energy was up by 0.5 percent both in the euro area and in the EU-28, and the production of durable goods declined by 0.4 percent in the euro area and by 0.2 percent in the EU-28, all month on month. Meanwhile, the production of intermediate goods moved down by 0.5 percent in the euro area and by 0.3 percent in the EU-28, month on month.

Among the member states, in June the highest month-on-month increases were registered in Croatia (4.5%), Romania (1.7%) and the Czech Republic and Finland (both 1.5%), and the highest decreases in Ireland (8.9%), the Netherlands (1.3%) and Hungary (1.2%).

As compared to the same month of 2017, in June 2018 production of energy decreased by 2.8 percent in the euro area and declined by two percent in the EU-28. In the same month, production of intermediate goods rose by 1.8 percent in the euro area and by 2.1 percent in the EU-28, and production of capital goods increased by 4.3 percent in the euro area and by 4.4 percent in the EU-28, all year on year. In June this year, production of non-durable consumer goods moved up by 2.8 percent in the euro area and by 3.1 percent in the EU-28 and production of durable consumer goods increased by 0.9 percent in the euro area and rose by 2.2 percent in the EU-28, all year-on-year basis.

Among the member states for which data are available, in June the largest year-on-year increases were registered in Ireland (7.7%), Romania (7.0%), the Czech Republic (6.9%) and Poland (6.7%), while decreases were observed in Denmark (1.2%), Portugal (1.0%) and the Netherlands (0.2%).


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