Euro area industrial output up 1.6 percent in August from July

Wednesday, 12 October 2016 16:38:25 (GMT+3)   |   Istanbul
In August this year, seasonally-adjusted industrial production increased by 1.6 percent in the euro area and by 1.4 percent in the EU-28, as compared with July, while industrial production in July had fallen by 0.7 percent both in the euro area and in the EU-28, both on month-on-month basis. In August this year compared with August 2015, industrial production increased by 1.8 percent both in the euro area and in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union
 
As compared to July, in August this year the production of durable goods increased by 4.3 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 0.6 percent  in the euro area and was down 0.5 percent in the EU-28. In August this year, production of capital goods increased by 3.5 percent in the euro area and 3.8 percent in the EU-28, while the production of intermediate goods increased by 1.4 percent in the euro area and by 0.9 percent in the EU-28, all month on month. Meanwhile, production of energy increased by 3.3 percent in the euro area and by 1.9 percent in the EU-28, month on month. 
 
Among the member states, in August the highest month-on-month increases were registered in the Czech Republic (+12.1 percent), the Netherlands (+4.4 percent) and Germany (+3.1 percent), and the highest decreases in Ireland (-13.4 percent), Finland (-3.5 percent) and Sweden (-2.9 percent). 
 
As compared to the same month of 2015, in August this year production of durable consumer goods increased by 4.9 percent in the euro area and was up by 4.6 percent in the EU-28, production of intermediate goods rose by two percent in the euro area and by 1.9 percent in the EU-28, while production of capital goods increased by 2.6 percent in the euro area and by 3.3 percent in the EU-28, all year on year. In August this year, production of non-durable consumer goods decreased by 0.1 percent in the euro area and increased by 0.1 percent in the EU-28, while production of energy grew by 1.5 percent in the euro area and was up by 0.2 percent in the EU-28, both on year-on-year basis.
 
Among the member states for which data are available, in August of the current year the largest year-on-year increases were registered in the Czech Republic (+7.7 percent), Slovenia (+5.9 percent) and Poland (+5.1 percent), and the largest decreases in Ireland (-8.5 percent), Sweden (-6.2 percent) and Malta (-3.9 percent).

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