Euro area industrial output down one percent in January from December

Wednesday, 14 March 2018 17:05:39 (GMT+3)   |   Istanbul
       

In January this year, seasonally-adjusted industrial production decreased by one percent in the euro area and declined by 0.7 percent in the EU-28, as compared with December, while industrial production in December had risen by 0.4 percent in the euro area and by 0.3 percent in the EU-28, both on month-on-month basis. In January this year compared with January 2017, industrial production increased by 2.7 percent in the euro area and by three percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union. 

As compared to December, in January this year the production of durable goods decreased by 1.9 percent in the euro area and by 1.4 percent in the EU-28, while the production of non-durable consumer goods declined by 0.1 percent in the euro area and by 0.3 percent in the EU-28. In January this year, production of capital goods increased by 1.2 percent in the euro area and by 1.2 percent in the EU-28, while the production of intermediate goods moved down by one percent in the euro area and by 0.6 percent in the EU-28, all month on month. Meanwhile, production of energy decreased by 6.6 percent in the euro area and fell by 3.3 percent in the EU-28, month on month. 

Among the member states, in January the highest month-on-month decreases were registered in the Netherlands (-5.7%), Romania (-2.9%) and Spain (-2.5%), and the highest increases in Portugal (+2.5%), Estonia (+1.9%) and Denmark (+1.8%).

As compared to the same month of 2017, in January 2018 production of durable consumer goods increased by 3.8 percent in the euro area and by 4.2 percent in the EU-28, production of intermediate goods rose by 5.1 percent in the euro area and 5.1 percent in the EU-28, while production of capital goods increased by 8.5 percent in the euro area and by 8.3 percent in the EU-28, all year on year. In January this year, production of non-durable consumer goods moved up by three percent in the euro area and by 2.7 percent in the EU-28, while production of energy decreased by 10.4 percent in the euro area and by 7.4 percent in the EU-28, both on year-on-year basis.

Among the member states for which data are available, in January the largest year-on-year increases were registered in Romania (+8.5%), Estonia (+7.7%) and Sweden (+7.1%), while decreases were observed in the Netherlands (-6.6%), Malta (-1.7%) and Greece (-1.6%).


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