In July this year as compared with the previous month of June, seasonally-adjusted industrial production rose by 1.0 percent in the euro area and by 1.1 percent in the EU-27. In June, production had fallen by 0.8 percent and 1.2 percent respectively, month on month.
Meanwhile, in July this year compared with July last year, seasonally-adjusted industrial production increased by 4.2 percent in the euro area and by 3.6 percent in the EU-27. These figures are released by Eurostat, the statistical office of the European Union.
As compared to June, in July this year production of capital goods grew by 3.0 percent in the euro area and by 3.6 percent in the EU-27, durable consumer goods rose by 2.9 percent and 2.8 percent respectively, intermediate goods increased by 0.8 percent in the euro area and by 1.4 percent in the EU-27, non-durable consumer goods fell by 0.6 percent and 0.3 percent respectively, while production of energy dropped by 0.8 percent in the euro area and by 1.3 percent in the EU-27.
Among the member states for which data are available, in July this year as compared to June, industrial production rose in fourteen states, fell in eight and remained stable in the United Kingdom. The highest increases were registered in Estonia (+4.7%), Germany and Greece (both +4.1%) and the Netherlands (+3.5%), and the largest decreases in Slovakia (-3.4%), Portugal (-3.0%) and Slovenia (-2.2%).
As compared to July last year, in July this year production of capital goods grew by 11.7 percent in the euro area and by 10.7 percent in the EU-27, intermediate goods increased by 4.1 percent and 4.0 percent respectively, durable consumer goods rose by 3.0 percent in the euro area and by 1.4 percent in the EU-27, non-durable consumer goods fell by 0.9 percent and 0.6 percent respectively, while production of energy decreased by 5.3 percent in the euro area and by 5.8 percent in the EU-27.
Among the member states for which data are available, in July this year as compared to July last year, industrial production rose in sixteen states and fell in seven. The highest increases were registered in Estonia (+22.9%), Germany (+10.4%), Latvia (+9.2%) and Lithuania (+8.4%), and the largest decreases were seen in Ireland (-4.9%), Portugal (-4.4%), Malta (-3.2%) and Greece (-2.9%)
Industrial production in euro area up 1.0 percent in July over June
Tags: Ireland UK Malta Lithuania Estonia Greece Germany Latvia Portugal Netherlands European Union Southeast Asia Europe Mediterranean Economics
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