SUNDAY, 24 FEB 2019

 

CONNECT

Facebook Linked In Twitter
PwC_CEO_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Prodromou: We Expect the UN to Include Guterres Framework, as Clarified by the UNSG

Wicker: The US has Strong Interest in Cyprus' Reunification

IMH LTD
GAP_Group_2018_468x60px

INTERNATIONAL

brought to you by CIPA

Industrial Production up by 1% in Euro Area

Industrial Production up by 1% in Euro Area

In August 2018 compared with July 2018, seasonally adjusted industrial production rose by 1.0% in the euro area (EA19) and by 0.8% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In July 2018, industrial production fell by 0.7% in the euro area and by 0.6% in the EU28. In August 2018 compared with August 2017, industrial production increased by 0.9% in the euro area and by 1.2% in the EU28.

 

Monthly comparison by main industrial grouping and by Member State

In the euro area in August 2018, compared with July 2018, production of energy rose by 1.9%, durable consumer goods by 1.5%, both capital goods and non-durable consumer goods by 1.4% and intermediate goods by 0.4%.

In the EU28, production of capital goods rose by 1.2%, non-durable consumer goods by 1.1%, energy by 0.9%, durable consumer goods by 0.8% and intermediate goods by 0.3%.

Among Member States for which data are available, the highest increases in industrial production were registered in Malta (+9.9%), Ireland (+8.0%) and Hungary (+3.8%). A decrease was observed in Denmark (-4.5%).

 

Annual comparison by main industrial grouping and by Member State

In the euro area in August 2018, compared with August 2017, production of non-durable consumer goods rose by 3.1% and capital goods by 1.3%, while production of durable consumer goods fell by 1.1%, intermediate goods by 0.4% and energy by 0.3%.

In the EU28, production of non-durable consumer goods rose by 2.8%, capital goods by 1.6%, durable consumer goods by 1.2% and intermediate goods by 0.4%, while production of energy fell by 0.7%.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+15.1%), Slovenia (+7.0%) and Latvia (+6.4%). The largest decreases were observed in Denmark (-3.9%), Portugal (-3.3%) and Luxembourg (-2.6%)

MORE ON INTERNATIONAL

Trump: US Shouldn’t Block Technology

US President Donald Trump has said he wants the US to become a technology leader through ...

Production in Construction Down by 0.4% in Euro Area

In December 2018 compared with November 2018, seasonally adjusted production in the ...

Ford Scales Back in South America

Ford has said it will close a factory in Brazil after more than 50 years as it stops ...

FROM AROUND GOLDNEWS

   

Share of Energy from Renewable Sources in Transport at 2.6% in 2017

The share of energy from renewable sources used for transport in the European Union (EU) stood at 7.6% in 2017, compared with 3.1 % in 2007. Although the ...
   

Unemployment Falls to 7.6%

Unemployment in Cyprus fell to 7.6% of the labour force in the 4th quarter of 2018, from 7.8% in the 3rd quarter, according to the Labour Force ...
   

Confusion Among Businesses about Benefits in Kind

The provision of Benefits in Kind is a practice currently followed by a significant number of businesses across Cyprus, with the aim of both creating an ...
   

Celestyal Cruises: New Goals and New Itineraries for the Year Ahead

Enjoying a dynamic presence in Greece and Cyprus, Celestyal Cruises, a member of the Louis Group, recently published official results for 2018, highlighting ...
   

Government Spokesman: No Predetermined Date for ExxonMobil’s Drilling Results

Government Spokesman Prodromos Prodromou has said that the government did not have a predetermined date for the announcement of ExxonMobil’s drilling ...
   

Trump: US Shouldn’t Block Technology

US President Donald Trump has said he wants the US to become a technology leader through competition rather than by blocking others, the BBC reports. Trump ...
   

Wicker: The US has Strong Interest in Cyprus' Reunification

Vice President of the Parliamentary Assembly of the Organization for Security and Co-operation in Europe, US Senator Roger Wicker has said that the US has a ...
   

Cathedral City Firm to be Bought for £975M

Dairy Crest, whose brands include Cathedral City cheddar and Country Life butter, has agreed to be bought by a Canadian company in a near-£1bn deal, the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
GloriaJeans_300x250px

IMH LTD