Wednesday, September 14, 2011

Industrial production rose slightly in the EU between June and July

From June 2011 to July 2011 industrial production rose by 1.0% in the euro area and by 1.1% in the EU27 zone. Check out the press release of Eurostat.In July 2011 compared with June 2011, seasonally adjusted industrial production1 rose by 1.0% in the euro area2 (EA17) and by 1.1% in the EU272. In June3 production fell by 0.8% and 1.2% respectively. In July 2011 compared with July 2010, industrial production increased by 4.2% in the euro area and by 3.6% in the EU27. These estimates are released by Eurostat, the statistical office of the European Union.

Monthly comparison

In July 2011 compared with June 2011, production of capital goods grew by 3.0% in the euro area and by 3.6% in the EU27. Durable consumer goods rose by 2.9% and 2.8% respectively. Intermediate goods increased by 0.8% in the euro area and by 1.4% in the EU27. Non-durable consumer goods fell by 0.6% and 0.3% respectively. Production of energy dropped by 0.8% 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, fell in eight and remained stable in the United Kingdom. The highest increases were registered in Estonia (+4.7%), Germany and Greece (both +4.1%) and the Netherlands (+3.5%), and the largest decreases in Slovakia (-3.4%), Portugal
(-3.0%) and Slovenia (-2.2%).

Annual comparison

In July 2011 compared with July 2010, production of capital goods grew by 11.7% in the euro area and by 10.7% in the EU27. Intermediate goods increased by 4.1% and 4.0% respectively. Durable consumer goods rose by 3.0% in the euro area and by 1.4% in the EU27. Non-durable consumer goods fell by 0.9% and 0.6% respectively. Production of energy decreased by 5.3% in the euro area and by 5.8% in the EU27.

Among the Member States for which data are available, industrial production rose in sixteen and fell in seven. The highest increases were registered in Estonia (+22.9%), Germany (+10.4%), Latvia (+9.2%) and Lithuania (+8.4%), and the largest decreases in Ireland (-4.9%), Portugal (-4.4%), Malta (-3.2%) and Greece (-2.9%).

Source Press release - Eurostat

More information Press release - Eurostat

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