In July this year, seasonally-adjusted industrial production decreased by 1.1 percent in both the euro area and the EU-27, as compared with June.
Industrial production in June this year had increased by 0.4 percent in both the euro area and the EU-27 compared to June. In July this year, compared with July 2022, industrial production moved down by 2.2 percent in the euro area and 2.4 percent in the EU-27. These figures are released by Eurostat, the Statistical Office of the European Union.
As compared to June this year, in July the production of durable goods fell by 2.2 percent in the euro area and by 1.9 percent in the EU-27, while the production of capital goods decreased by 2.7 percent in the euro area and by 2.4 percent the EU-27 on month-on-month basis. In the given month, output of non-durable consumer goods increased by 0.4 percent in the euro area and fell by 0.8 in the EU-27, month on month. In July, the production of intermediate goods grew by 0.2 percent in the euro area and by 0.1 percent in the EU-27, while the production of energy moved up by 1.6 percent in the euro area and 1.5 percent in the EU-27, all month on month.
Among the member states, in June the highest month-on-month increases were registered in Sweden (5.1%), Malta (3.4%), and Hungary (2.9%).
As compared to the same month of 2022, in July this year production of capital goods increased by 0.4 percent in the euro area and 1.0 percent in the EU-27. In the same month, production of durable consumer goods was down by 6.7 percent in the euro area and by 7.3 percent in the EU-27, while production of intermediate goods fell by 5.0 percent in the euro area and by 5.5 percent in the EU-27, all year on year. In the given month, production of non-durable consumer goods decreased by 0.6 percent in the euro area and rose by 0.5 percent in the EU-27, while production of energy declined by 5.7 percent in the euro area and by 7.4 percent in the EU-27, all on year-on-year basis.
In July, the highest year-on-year increases were registered in Denmark (5.7%), France (2.8%) and Malta (2.3%), while Bulgaria (-11.5%), Estonia (-9.5%), and Latvia (-8.6%) registered the highest decreases.
