13.04.2016, 13:34
Industrial production down by 0.8% in euro area
OREANDA-NEWS. In February 2016 compared with January 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.
In January 2016 industrial production rose by 1.9% in the euro area and by 1.5% in the EU28. In February 2016 compared with February 2015, industrial production increased by 0.8% in both the euro area and 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 February 2016, compared with January 2016, is due to production of non-durable consumer goods falling by 1.8%, energy by 1.2%, durable consumer goods by 0.4% and capital goods by 0.3%, while production of intermediate goods remained stable. In the EU28, the decrease of 0.7% is due to production of non-durable consumer goods falling by 1.4%, energy by 1.2%, capital goods by 0.5% and durable consumer goods by 0.1%, while production of intermediate goods rose by 0.1%. Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-10.5%), Greece (-4.4%) and Croatia (-1.6%), and the highest increases in Lithuania (+2.5%), Slovakia (+2.4%) and Malta (+1.8%).
Annual comparison by main industrial grouping and by Member State
The increase of 0.8% in industrial production in the euro area in February 2016, compared with February 2015, is due to production of capital goods rising by 3.0%, intermediate goods by 1.9%, durable consumer goods by 0.8% and non-durable consumer goods by 0.7%, while production of energy fell by 5.2%. In the EU28, the increase of 0.8% is due to production of capital goods rising by 2.7%, both intermediate goods and durable consumer goods by 1.6% and non-durable consumer goods by 0.5%, while production of energy fell by 3.6%. Among Member States for which data are available, the highest increases in industrial production were registered in Slovakia (+7.4%), Slovenia (+6.5%) and Lithuania (+6.3%) and the largest decreases in Malta (-4.6%), Greece (-3.0%) and the Netherlands (-2.8%)
In January 2016 industrial production rose by 1.9% in the euro area and by 1.5% in the EU28. In February 2016 compared with February 2015, industrial production increased by 0.8% in both the euro area and 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 February 2016, compared with January 2016, is due to production of non-durable consumer goods falling by 1.8%, energy by 1.2%, durable consumer goods by 0.4% and capital goods by 0.3%, while production of intermediate goods remained stable. In the EU28, the decrease of 0.7% is due to production of non-durable consumer goods falling by 1.4%, energy by 1.2%, capital goods by 0.5% and durable consumer goods by 0.1%, while production of intermediate goods rose by 0.1%. Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-10.5%), Greece (-4.4%) and Croatia (-1.6%), and the highest increases in Lithuania (+2.5%), Slovakia (+2.4%) and Malta (+1.8%).
Annual comparison by main industrial grouping and by Member State
The increase of 0.8% in industrial production in the euro area in February 2016, compared with February 2015, is due to production of capital goods rising by 3.0%, intermediate goods by 1.9%, durable consumer goods by 0.8% and non-durable consumer goods by 0.7%, while production of energy fell by 5.2%. In the EU28, the increase of 0.8% is due to production of capital goods rising by 2.7%, both intermediate goods and durable consumer goods by 1.6% and non-durable consumer goods by 0.5%, while production of energy fell by 3.6%. Among Member States for which data are available, the highest increases in industrial production were registered in Slovakia (+7.4%), Slovenia (+6.5%) and Lithuania (+6.3%) and the largest decreases in Malta (-4.6%), Greece (-3.0%) and the Netherlands (-2.8%)
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