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Industrial production down 2.1% in euro area

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Christian Fernsby ▼ | February 12, 2020
In December 2019 compared with November 2019, seasonally adjusted industrial production fell 2.1% in the euro area (EA19) and 2.0% in the EU27, according to estimates from Eurostat, the statistical office of the European Union.
European factory
Economy in Europe   Industrial production decreased 4.1%
In November 2019, industrial production remained stable in the euro area and in the EU27.

Topics: Industrial euro

In December 2019 compared with December 2018, industrial production decreased 4.1% in the euro area and 3.9% in the EU27.

The average industrial production for the year 2019, compared with 2018, fell 1.7% in the euro area and 1.1% in the EU27.

Monthly comparison main industrial grouping and Member State

In the euro area in December 2019, compared with November 2019, production of capital goods fell 4.0%, intermediate goods 1.7%, non-durable consumer goods 1.3%, durable consumer goods 1.1% and energy 0.5%.

In the EU27, production of capital goods fell 3.5%, intermediate goods 1.6%, durable consumer goods 1.4%, non-durable consumer goods 1.2% and energy 0.7%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-6.2%), Hungary (-3.8%) and Poland (-3.0%).

The highest increases were observed in Denmark (+7.2%), Portugal (+2.9%) and Greece (+2.5%).

Annual comparison main industrial grouping and Member State

In the euro area in December 2019, compared with December 2018, production of capital goods fell 6.7%, intermediate goods 5.5%, energy 2.3% and durable consumer goods 1.4%, while production of nondurable consumer goods rose 1.3%.

In the EU27, production of capital goods fell 6.0%, intermediate goods 4.9%, energy 3.0% and durable consumer goods 0.9%, while production of non-durable consumer goods rose 0.9%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Estonia (-9.9%), Romania (-8.9%) and Germany (-7.2%).

The highest increases were observed in Malta (+7.6%), Portugal (+3.9%) and Poland (+1.3%).

The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.


 

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