Euro area industrial output up 1.3 percent in 2016

Wednesday, 15 February 2017 16:30:57 (GMT+3)   |   Istanbul
       

In December last year, seasonally-adjusted industrial production decreased by 1.6 percent in the euro area and by one percent in the EU-28, as compared with November, while industrial production in November had risen by 1.5 percent in the euro area and by 1.6 percent in the EU-28, both on month-on-month basis. In December last year compared with December 2015, industrial production increased by two percent in the euro area and 2.9 percent in the EU-28. In 2016, industrial production rose by 1.3 percent in the euro area and by 1.4 percent in the EU-28, year on year. These figures are released by Eurostat, the Statistical Office of the European Union
 
As compared to November, in December last year the production of durable goods increased by 2.9 percent in the euro area and was up by 2.7 percent in the EU-28, while the production of non-durable consumer goods decreased by 1.2 percent  in the euro area and was down 0.8 percent in the EU-28. In December last year, production of capital goods decreased by 3.3 percent in the euro area and 2.2 percent in the EU-28, while the production of intermediate goods decreased by 0.2 percent in the euro area and remained stable in the EU-28, all month on month. Meanwhile, production of energy fell by 1.4 percent both in the euro area and in the EU-28, month on month. 
 
Among the member states, in December the highest month-on-month decreases were registered in Ireland (-11.7%), Germany (-3.1%) and the Czech Republic (-2.2%), and the highest increases in Croatia (+3.9%) and Greece and Malta (both +2.4%). 
 
As compared to the same month of 2015, in December last year production of durable consumer goods increased by 3.9 percent in the euro area and was up by 4.5 percent in the EU-28, production of intermediate goods rose by 3.4 percent in the euro area and by 4.6 percent in the EU-28, while production of capital goods decreased by 0.1 percent in the euro area and increased by 1.1 percent in the EU-28, all year on year. In December last year, production of non-durable consumer goods increased by 0.1 percent in the euro area and by 1.4 percent in the EU-28, while production of energy grew by 6.5 percent in the euro area and was up by 5.4 percent in the EU-28, both on year-on-year basis.
 
Among the member states for which data are available, in December the largest year-on-year increases were registered in Croatia (+14.9%), Latvia (+11.5%) and Denmark (+11.1%), and the largest decreases in Luxembourg (-5.1%), Ireland (-1.8%), and Germany and Sweden (both -0.8%).

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