Industrial production up by 0.6% in euro area
OREANDA-NEWS. In July 2015 compared with June 2015, seasonally adju sted industrial production rose by 0.6% in the euro area (EA19) and by 0.3% in the EU28 , according to estimates from Eurostat, the statistical office of the European Union . In June 2015 industrial production decre ased by 0.3% and 0.1% respectively.
In July 2015 compared with July 2014, indust rial production increased by 1.9% in the euro area and by 1.8% in the EU28 .
Monthly comparison by main industrial grouping and by Member State The increase of 0.6% in industrial production in the euro area in July 2015, compared with June 2015, is due to production of energy rising by 3.0%, capital goods by 1. 4% and durable consumer goods by 1.3%, while production of both intermediate goods and non-dura ble consumer goods fell by 0.6%. In the EU28 , the increase of 0.3% is due to production of energy rising by 2.1%, capital goods by 0.7% and durable consumer goods by 0.6%, while product ion of intermediate goods fell by 0. 6% and non-durable consumer goods by 0.2%. Among Member States for which data are available, the hi ghest increases in industrial production were registered in Ireland (+7.2%), Greece (+4.3%), Croatia (+3.6%) and Latvia (+2.8%), and the largest decreases in Denmark (-4.6%), Sweden (-2.1%) and Malta (-1.8%).
Annual comparison by main industrial grouping and by Member State The increase of 1.9% in industrial production in the euro area in July 2015, compared with July 2014, is due to production of energy rising by 5.1%, durable consumer goods by 2.6%, capital goods by 2.2%, non-durable consumer goods by 1.7% and intermediate goods by 0.5%. In the EU28 , the increase of 1.8% is due to production of ene rgy rising by 4.8%, durable consumer goods by 3.0%, capital goods by 1.8%, non-durable consumer g oods by 1.3% and intermediate goods by 0.8%. Among Member States for which data are available, the hi ghest increases in industrial production were registered in Ireland (+17.9%), Slovakia (+11.9%), Latvia (+8.3%), Malta (+7.7%) and the Czech Republic (+7.2%). Decreases were observed in Estonia (-5.9%), the Netherlands (-4.4%), Greece (-1.5%), France and Finland (both -1.4%).
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