Euro area industrial output up 1.3 percent in May from April

Wednesday, 12 July 2017 14:47:57 (GMT+3)   |   Istanbul

In May this year, seasonally-adjusted industrial production rose by 1.3 percent in the euro area and by 1.2 percent in the EU-28, as compared with April, while industrial production in April had increased by 0.3 percent in the euro area and 0.1 percent in the EU-28, both on month-on-month basis. In May this year compared with May last year, industrial production increased by four percent both in the euro area and the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union

As compared to April, in May this year the production of durable goods rose 1.8 percent both in the euro area and in the EU-28, while the production of non-durable consumer goods increased by 1.2 percent in the euro area and one percent in the EU-28. In May this year, production of capital goods rose by 2.3 percent in the euro area and by two percent in the EU-28, while the production of intermediate goods increased by 0.3 percent in the euro area and 0.6 percent in the EU-28, all month on month. Meanwhile, production of energy increased by 0.9 percent in the euro area and by 0.7 percent in the EU-28, month on month. 

Among the member states, in May the highest month-on-month increases were registered in Lithuania (+3.8%), Romania (+3.5%) and the Czech Republic (+3.3%), and the highest decreases in Portugal (-1.0%) and Malta (-0.9%).

As compared to the same month of 2016, in May this year production of durable consumer goods increased by 7.5 percent in the euro area and was up by 6.8 percent in the EU-28, production of intermediate goods rose by 3.8 percent in the euro area and by 4.9 percent in the EU-28, while production of capital goods increased by 5.5 percent in the euro area and rose by 6.1 percent in the EU-28, all year on year. In May this year, production of non-durable consumer goods increased by 2.6 percent in the euro area and moved up by 2.4 percent in the EU-28, while production of energy rose by 2.2 percent in the euro area and was up by 1.1 percent in the EU-28, both on year-on-year basis.

Among the member states for which data are available, in May the largest year-on-year increases were registered in Romania (+14.6%), Estonia (+12.6%) and the Czech Republic (+10.7%), and the largest decreases in Malta and the United Kingdom (both -0.7%).


Similar articles

US flat steel prices still up on solid demand, rising energy costs, despite flat to down scrap

03 Apr | Flats and Slab

Ex-Brazil BPI stabilizes at already achieved levels, further uptrend doubtful

03 Apr | Steel News

Global View on Scrap: Turkish and Asian markets move up, impact of war persists

03 Apr | Scrap & Raw Materials

Local Turkish scrap prices move up as expected

03 Apr | Scrap & Raw Materials

Wire rod prices in Taiwanese domestic market - week 14, 2026

03 Apr | Longs and Billet

Domestic rebar prices in Taiwan - week 14, 2026

03 Apr | Longs and Billet

Romanian flats prices stable despite rising import offers, Liberty Galati prepares comeback

03 Apr | Flats and Slab

Global View on Billet: Uptrend paused in most major markets except Turkey

03 Apr | Longs and Billet

Turkey’s HRC rises further amid higher costs, moderate demand, less aggressive imports

03 Apr | Flats and Slab

Russian BPI exporters target higher prices, market slows after previous sales

03 Apr | Scrap & Raw Materials