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Industrial Production Down by 0.8% in Euro Area in April 2012
added: 2012-06-13

In April 2012 compared with March 2012, seasonally adjusted industrial production fell by 0.8% in the euro area (EA17) and by 0.4% in the EU27. In March production decreased by 0.1% and 0.2% respectively. In April 2012 compared with April 2011, industrial production dropped by 2.3% in the euro area and by 1.7% in the EU27.

Monthly comparison

In April 2012 compared with March 2012, production of capital goods fell by 2.6% in the euro area and by 1.8% in the EU27. Non-durable consumer goods decreased by 1.6% and 1.5% respectively. Intermediate goods declined by 1.2% in the euro area and by 0.9% in the EU27. Durable consumer goods dropped by 0.9% in the euro-area, but rose by 0.6% in the EU27. Production of energy increased by 6.9% and 5.7% respectively.

Among the Member States for which data are available, industrial production fell in six, rose in sixteen and remained stable in the United Kingdom. The largest decreases were registered in Portugal (-6.5%), Germany (-2.0%) and Italy (-1.9%), and the highest increases in the Netherlands (+2.9%), Poland (+2.3%) and Malta (+1.9%).

Annual comparison

In April 2012 compared with April 2011, production of durable consumer goods dropped by 6.2% in the euro area and by 4.5% in the EU27. Intermediate goods fell by 4.5% and 3.5% respectively. Non-durable consumer goods decreased by 3.4% in both zones. Capital goods declined by 0.3% in the euro-area, but rose by 0.4% in the EU27.

Production of energy grew by 3.3% and 1.3% respectively.

Among the Member States for which data are available, industrial production fell in eleven and rose in twelve. The largest decreases were registered in Italy (-9.2%), Spain (-8.3%) and Portugal (-7.6%), and the highest increases in Slovakia (+10.9%), Lithuania (+6.9%) and the Netherlands (+4.7%).


Source: Eurostat

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