Euro area industrial output up 1.4 percent in January from December

Wednesday, 13 March 2019 14:51:21 (GMT+3)   |   Istanbul
       

In January this year, seasonally-adjusted industrial production increased by 1.4 percent in the euro area and by one percent in the EU-28, as compared with December. Industrial production in December had declined by 0.9 percent in the euro area and by 0.4 percent in the EU-28, on month-on-month basis. In January this year compared with January 2018, industrial production fell by 1.1 percent in the euro area and by 0.4 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 capital goods rose by 0.9 percent both in the euro area and in the EU-28, while the production of non-durable consumer goods increased by two percent in the euro area and by one percent in the EU-28. In January this year, the production of energy was up by 2.4 percent in the euro area and by 1.4 percent in the EU-28, and the production of durable goods rose by 1.1 percent in the euro area and by 1.3 percent in the EU-28, all month on month. Meanwhile, the production of intermediate goods increased by 0.2 percent in the euro area and by 0.3 percent in the EU-28, month on month.

Among the member states, in January the highest month-on-month increases were registered in Ireland (15.1%), Crotia (9.6%) and Slovenia (5.9%), and the highest decreases in Denmark (8.6%), Latvia (3.6%) and Romania (1.5%).

As compared to the same month of 2018, in January 2019 production of energy decreased by four percent in the euro area and by 2.9 percent in the EU-28. In the same month, production of intermediate goods fell by 1.8 percent in the euro area and by 1.2 percent in the EU-28, and production of capital goods moved down by three percent in the euro area and by 2.4 percent in the EU-28, all year on year. In January this year, production of non-durable consumer goods rose by 0.7 percent in the euro area and by 1.4 percent in the EU-28 and production of durable consumer goods was down by 1.2 percent in the euro area and by 0.1 percent in the EU-28, all year-on-year basis.

Among the member states for which data are available, in January the largest year-on-year decreases in industrial production were registered in Ireland (6.2%), Luxembourg (4.2%) and Germany (3.4%), while the highest increases were observed in Slovakia (7.2%), Poland (6.1%) and Lithuania (5.9%).


Tags: Europe 

Similar articles

Turkey’s plate prices mostly stable, supply reduced

26 Apr | Flats and Slab

Ex-Turkey official merchant bar export prices move sideways

26 Apr | Longs and Billet

Tata Steel to go ahead and build EAF at Port Talbot in UK with £1.25 billion investment

26 Apr | Steel News

Turkey’s ex-Baltic scrap prices move up, following deep sea prices

25 Apr | Scrap & Raw Materials

Turkish domestic rebar spot prices stable

25 Apr | Longs and Billet

Turkish flats spot prices decline amid weak demand

25 Apr | Flats and Slab

Turkey’s Kardemir cuts its wire rod prices

25 Apr | Longs and Billet

Turkey’s Kardemir announces its merchant bar prices after a long break

25 Apr | Longs and Billet

Turkey’s Kardemir reduces its wire rod prices for engineering grade products

25 Apr | Longs and Billet

New motor vehicle registrations in Turkey up 17.1 percent in Mar from Feb

25 Apr | Steel News