In March this year, seasonally-adjusted industrial production decreased by 11.3 percent in the euro area and by 10.4 in the EU-27, as compared with February. Industrial production in February had decreased by 0.1 percent in the euro area and remained stable in the EU-27, on month-on-month basis. In March this year compared with March 2019, industrial production fell by 12.9 percent in the euro area and by 11.8 percent in the EU-27. These figures are released by Eurostat, the Statistical Office of the European Union.
As compared to February, in March this year the production of capital goods decreased by 15.9 percent in the euro area and by 15.1 percent in the EU-27, while the production of intermediate goods was down by 11 percent in the euro area and by 9.9 in the EU-27, both month on month. Output of non-durable consumer goods was down by 1.6 percent in the euro area and by 1.2 percent in the EU-27, both month on month. In March this year, the production of energy decreased by four percent in the euro area and by 3.5 percent in the EU-27, while the production of durable goods was down by 26.3 percent in the euro area and by 23.8 percent in the EU-27, all month on month.
Among the member states, in March the highest month-on-month increases were registered in Ireland (15.5%), Greece and Finland (both 1.9%) and Lithuania (0.7%), while the highest decreases were recorded in Italy (28.4%), Slovakia (20.3%) and France (16.4%).
As compared to the same month of 2019, in March this year production of energy declined by 6.7 percent in the euro area and by 6.4 percent in the EU-27. In the same month, production of intermediate goods fell by 11.8 percent in the euro area and by 10.1 percent in the EU-27, while production of durable consumer goods was down by 24.2 percent in the euro area and by 21.7 percent in the EU-27, all year on year. In March this year, production of non-durable consumer goods declined by 0.8 percent in the euro area and by 0.3 percent in the EU-27, while production of capital goods moved down by 21.5 percent in the euro area and by 20 percent in the EU-27, all on year-on-year basis.
Among the member states for which data are available, in March the largest year-on-year decreases in industrial production were registered in Luxembourg (32.7%), Italy (29.3%) and Slovakia (19.6%), while the highest increases were observed in Ireland (25.3%), Malta (5.7%) and Finland (2.8%).