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    Home » Eurozone industrial production down 0.8 pct

    Eurozone industrial production down 0.8 pct

    npsBy nps14 April 2016Updated:25 June 2024 No Comments2 Mins Read
    — Filed under: EU News Facts & Figures
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    (BRUSSELS) – In February 2016 compared with January 2016, seasonally adjusted industrial production fell by 0.8% in the euro area and by 0.7% in the EU28, according to estimates from Eurostat, the EU’s statistical office.

    In January 2016 industrial production rose by 1.9% in the euro area and by 1.5% 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 February 2016, compared with January 2016, is due to production of non-durable consumer goods falling by 1.8%, energy by 1.2%, durable consumer goods by 0.4% and capital goods by 0.3%, while production of intermediate goods remained stable.

    In the EU28, the decrease of 0.7% is due to production of non-durable consumer goods falling by 1.4%, energy by 1.2%, capital goods by 0.5% and durable consumer goods by 0.1%, while production of intermediate goods rose by 0.1%.

    Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-10.5%), Greece (-4.4%) and Croatia (-1.6%), and the highest increases in Lithuania (+2.5%), Slovakia (+2.4%) and Malta (+1.8%).

    Annual comparison by main industrial grouping and by Member State

    The increase of 0.8% in industrial production in the euro area in February 2016, compared with February 2015, is due to production of capital goods rising by 3.0%, intermediate goods by 1.9%, durable consumer goods by 0.8% and non-durable consumer goods by 0.7%, while production of energy fell by 5.2%.

    In the EU28, the increase of 0.8% is due to production of capital goods rising by 2.7%, both intermediate goods and durable consumer goods by 1.6% and non-durable consumer goods by 0.5%, while production of energy fell by 3.6%.

    Among Member States for which data are available, the highest increases in industrial production were registered in Slovakia (+7.4%), Slovenia (+6.5%) and Lithuania (+6.3%) and the largest decreases in Malta (-4.6%), Greece (-3.0%) and the Netherlands (-2.8%).

    Full figures and graphs [Eurostat]

     

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