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Industrial Production Down by 1.6% in Euro Area

Industrial Production Down by 1.6% in Euro Area

In June 2019 compared with May 2019, seasonally adjusted industrial production fell by 1.6% in the euro area (EA19) and by 1.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May 2019, industrial production rose by 0.8% in the euro area and by 0.9% in the EU28.

In June 2019 compared with June 2018, industrial production decreased by 2.6% in the euro area and by 1.9% in the EU28.

 

Monthly comparison by main industrial grouping and by Member State

In the euro area in June 2019, compared with May 2019, production of capital goods fell by 4.0%, non-durable consumer goods by 2.8%, durable consumer goods by 1.2%, intermediate goods by 0.8% and energy by 0.2%.

In the EU28, production of capital goods fell by 3.5%, non-durable consumer goods by 2.2%, durable consumer goods by 1.4%, intermediate goods by 0.9% and energy by 0.4%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-8.8%), Denmark (-7.6%) and Portugal (-4.5%). The highest increases were observed in Lithuania and Malta (both +1.8%) and Latvia (+1.5%).

 

Annual comparison by main industrial grouping and by Member State

In the euro area in June 2019, compared with June 2018, production of capital goods fell by 4.4%, intermediate goods by 2.6%, durable consumer goods by 1.0% and energy by 0.1%, while production of non-durable consumer goods rose by 0.1%.

In the EU28, production of capital goods fell by 3.7%, intermediate goods by 2.0% and durable consumer goods by 0.5%, while production of non-durable consumer goods rose by 0.2% and energy by 0.6%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Germany (-6.2%), Croatia and Portugal (both -5.6%). The highest increases were observed in Estonia (+7.4%), Latvia (+4.4%), Denmark (+4.2%) and Hungary (+4.1).

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