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    Home » Eurozone industrial production down 0.8 pct in March

    Eurozone industrial production down 0.8 pct in March

    npsBy nps12 May 2016Updated:25 June 2024 No Comments2 Mins Read
    — Filed under: EU News Facts & Figures
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    (LUXEMBOURG) – Seasonally-adjusted industrial production fell 0.8 per cent in the eurozone and 0.5 per cent in the EU as a whole In March compared with a year earlier, according to estimates from Eurostat, the EU’s statistical office.

    In February 2016 industrial production fell by 1.2% in the euro area and by 1.0% in the EU28.

    Monthly comparison by main industrial grouping and by Member State

    The decrease of 0.8% in industrial production in the euro area in March 2016, compared with February 2016, is due to production of non-durable consumer goods falling by 1.9%, capital goods by 1.1%, intermediate goods by 0.8% and durable consumer goods by 0.4%, while production of energy rose by 2.0%.

    In the EU28, the decrease of 0.5% is due to production of non-durable consumer goods falling by 1.4%, both intermediate and capital goods by 0.7% and durable consumer goods by 0.5%, while production of energy rose by 1.7%.

    Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-11.2%), Lithuania (-3.5%) and Estonia (-3.3%), and the highest increases in Croatia (+5.0%), Latvia (+4.3%), the Czech Republic (+1.4%) and Spain (+1.3%).

    Annual comparison by main industrial grouping and by Member State

    The increase of 0.2% in industrial production in the euro area in March 2016, compared with March 2015, is due to production of capital goods rising by 1.6% and both intermediate goods and durable consumer goods by 1.1%, while production of energy fell by 0.7% and non-durable consumer goods by 3.0%.

    In the EU28, the increase of 0.3% is due to production of capital goods rising by 1.8%, durable consumer goods by 1.4% and intermediate goods by 0.7%, while production of energy fell by 0.4% and non-durable consumer goods by 2.5%.

    Among Member States for which data are available, the highest increases in industrial production were registered in Croatia (+6.9%), Sweden (+4.9%) and Slovenia (+4.4%) and the largest decreases in Ireland (-10.6%), Malta (-5.4%), Estonia (-4.8%) and Greece (-4.1%).

    Full figures and tables, Eurostat

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