Trade Resources Economy Seasonally-Adjusted Industrial Production Decreased by 0.3 Percent in The Euro Area

Seasonally-Adjusted Industrial Production Decreased by 0.3 Percent in The Euro Area

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In March this year, seasonally-adjusted industrial production decreased by 0.3 percent in the euro area and by 0.2 percent in the EU-28 as compared with February, while industrial production in February had increased by 0.2 percent in the euro area and by 0.3 percent in the EU-28, month on month. In March this year compared with March 2013, industrial production decreased by 0.1 percent in the euro area and increased by 0.5 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.

As compared to February, in March this year the production of durable goods remained stable in the euro area and decreased by 0.4 percent in the EU-28. Meanwhile, in the given month, production of non-durable consumer goods fell by 0.5 percent in the euro area and by 0.1 percent in the EU-28, while production of intermediate goods decreased by 0.8 percent in the euro area and by 0.5 percent in the EU-28, month on month. In March of the current year, production of capital goods decreased by 0.3 percent in the euro area and by 0.2 percent in the EU-28, while production of energy decreased by 0.4 percent in the euro area and by 0.6 percent in the EU-28, all month on month.

Among the member states, in March the highest month-on-month increases were registered in Ireland (+5.6 percent), Denmark (+3.1 percent) and Slovenia (+2.0 percent), and the largest decreases in Portugal (-4.8 percent), Lithuania (-3.7 percent), Sweden (-2.5 percent) and Greece (-1.9 percent).

As compared to the same month of 2013, in March this year production of non-durable consumer goods increased by 1.3 percent in the euro area and by 1.8 percent in the EU-28, while production of intermediate goods rose by 2.2 percent in the euro area and by three percent in the EU-28. In March of the current year, production of durable consumer goods decreased by 0.9 percent in the euro area and by 0.3 percent in the EU-28, production of energy dropped by 11.9 percent in the euro area and by 10.5 percent in the EU-28, while production of capital goods increased by 2.6 percent in the euro area and rose by three percent in the EU-28, all year on year.

Among the member states for which data are available, in March this year the largest year-on-year decreases were registered

Source: http://www.steelorbis.com/steel-news/latest-news/euro-area-industrial-output-down-03-percent-in-mar-from-feb-828554.htm
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Euro Area Industrial Output Down 0.3 Percent in Mar From Feb
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