News Markets Groups Media

USA | Europe | Asia | World| Stocks | Commodities

Home News Europe Industrial Production Down by 0.3% in Euro Area - June 2014


Industrial Production Down by 0.3% in Euro Area - June 2014
added: 2014-08-18

In June 2014 compared with May 2014, seasonally adjusted industrial production fell by 0.3% in the euro area (EA18) and by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May 2014 industrial production decreased by 1.1% in both zones. In June 2014 compared with June 2013, industrial production remained stable in the euro area and rose by 0.7% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The decrease of 0.3% in industrial production in the euro area in June 2014, compared with May 2014, is due to production of non-durable consumer goods falling by 1.9% and energy by 0.7%. Capital goods remained stable, while intermediate goods rose by 0.4% and durable consumer goods by 2.3%.

In the EU28, the decrease of 0.1% is due to non-durable consumer goods falling by 1.4% and energy by 0.6%, while capital goods increased by 0.2%, intermediate goods by 0.4% and durable consumer goods by 1.8%.

The largest decreases in industrial production were registered in Ireland (-16.5%), the Netherlands (-3.0%) and Lithuania (-2.7%), and the highest increases in Malta (+5.2%), Denmark (+2.4%) and Hungary (+1.8%).

Annual comparison by main industrial grouping and by Member State

The stable industrial production in the euro area in June 2014, compared with June 2013, is due to production of non-durable consumer goods rising by 1.7% and intermediate goods by 0.2%, while capital goods fell by 0.1%, durable consumer goods by 1.8% and energy by 3.4%.

In the EU28, the increase of 0.7% is due to production of non-durable consumer goods rising by 1.5%, intermediate goods by 1.1% and capital goods by 0.8%, while durable consumer goods fell by 0.4% and energy by 2.9%.

The highest increases in industrial production were registered in Hungary (+11.3%), Romania (+9.9%) and Slovakia (+7.5%), and the largest decreases in Greece (-6.9%), Malta (-3.8%) and Latvia (-2.0%).


Source: Eurostat

Privacy policy . Copyright . Contact form .