Thursday, May 12, 2016

Seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.5% in the EU28 ...EUROSTAT

12 May 2016                                  Press Release  92/2016

March 2016 compared with February 2016 Industrial production down by 0.8% in euro area Down by 0.5% in EU28 


In March 2016 compared with February 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2016 industrial production fell by 1.2% in the euro area and by 1.0% in the EU28.

 In March 2016 compared with March 2015, industrial production increased by 0.2% in the euro area and by 0.3% 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%).


Read here full REPORT

page source  http://ec.europa.eu/eurostat