Trade Resources Economy Seasonally Adjusted Industrial Production Grew by 0.7% in Euro Area and by 0.9% in EU27

Seasonally Adjusted Industrial Production Grew by 0.7% in Euro Area and by 0.9% in EU27

In June 2013 compared with May 2013, seasonally adjusted industrial production grew by 0.7% in the euro area (EA17) and by 0.9% in the EU27, according to estimates released by Eurostat, the statistical office of the European Union. In May production decreased by 0.2% and 0.4% respectively.

In June 2013 compared with June 2012, industrial production increased by 0.3% in the euro area and by 0.4% in the EU27.

Monthly comparison

In June 2013 compared with May 2013, production of durable consumer goods grew by 4.9% in the euro area and by 4.2% in the EU27. Capital goods increased by 2.5% in both zones. Intermediate goods rose by 0.5% in the euro area and by 0.8% in the EU27. Non-durable consumer goods fell by 0.6% and 0.3% respectively. Energy dropped by 1.6% in the euro area and by 1.3% in the EU27.

Among the Member States for which data are available, industrial production rose in fourteen and fell in eight. The highest increases were registered in Ireland (+8.7%), Romania (+5.7%), Poland (+3.1%), Germany and Greece (both +2.5%), and the largest decreases in the Netherlands (-4.1%), Portugal (-2.8%) and France (-1.5%).

Annual comparison

In June 2013 compared with June 2012, capital goods grew by 3.3% in the euro area and by 3.2% in the EU27. Durable consumer goods fell by 1.0% in the euro area and increased by 0.1% in the EU27. Non-durable consumer goods dropped by 1.1% and 0.5% respectively. Intermediate goods declined by 1.3% in the euro area and by 0.7% in the EU27. Energy decreased by 1.7% and 2.9% respectively.

Among the Member States for which data are available, industrial production rose in eleven and fell in eleven. The highest increases were registered in Romania (+9.6%), Poland (+5.3%) and Estonia (+4.7%), and the largest decreases in Finland (-5.9%), Bulgaria (-4.4%) and the Czech Republic (-3.0%).

Source: http://www.internationaltradenews.com/en/news/41292/Industrial-production-up-by-0.9-in-EU.html
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Industrial Production up by 0.9% in EU
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