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Industrial Production up by 1.0% in Euro Area - July 2014
added: 2014-09-23

In July 2014 compared with June 2014, seasonally adjusted industrial production rose by 1.0% in the euro area (EA18) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June 2014 industrial production fell by 0.3% and 0.1% respectively. In July 2014 compared with July 2013, industrial production grew by 2.2% in the euro area and by 2.0% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The increase of 1.0% in industrial production in the euro area in July 2014, compared with June 2014, is due to production of capital goods rising by 2.6%, non-durable consumer goods by 1.2% and intermediate goods by 0.5%, while durable consumer goods fell by 1.2% and energy by 1.3%.

In the EU28, the increase of 0.7% is due to production of capital goods rising by 2.3%, non-durable consumer goods by 0.8% and intermediate goods by 0.4%, while energy fell by 0.6% and durable consumer goods by 0.8%.

The highest increases in industrial production were registered in Ireland (+11.3%), Estonia (+2.8%), Slovenia (+2.3%) and Croatia (+2.1%), and the largest decreases in Denmark (-4.7%), Malta (-4.2%) and Greece (-1.7%).

Annual comparison by main industrial grouping and by Member State

The increase of 2.2% in industrial production in the euro area in July 2014, compared with July 2013, is due to production of capital goods rising by 4.6%, non-durable consumer goods by 4.0% and intermediate goods by 1.6%, while durable consumer goods fell by 0.2% and energy by 4.4%.

In the EU28, the increase of 2.0% is due to production of capital goods rising by 4.5%, non-durable consumer goods by 2.8%, intermediate goods by 1.9% and durable consumer goods by 0.3%, while energy fell by 3.5%.

The highest increases in industrial production were registered in Ireland (+17.6%), Hungary (+12.3%) and Slovenia (+9.2%), and the largest decreases in Denmark (-6.4%), Sweden (-5.0%) and Finland (-2.7%).


Source: Eurostat

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