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Industrial production up 0.7% in euro area and 1.0% in EU

Christian Fernsby ▼ | October 14, 2020
In August 2020, a month marked by some relaxation of coronavirus containment measures in many Member States, the seasonally adjusted industrial production rose 0.7% in the euro area and by 1.0% in the EU, compared with July 2020, according to estimates from Eurostat.
Europe factory
Euro   Europe factory
In July 2020, industrial production rose by 5.0% in the euro area and by 4.9% in the EU.

In August 2020 compared with August 2019, industrial production decreased by 7.2% in the euro area and by 6.2% in the EU.

Monthly comparison by main industrial grouping and by Member State

In the euro area in August 2020, compared with July 2020, production of durable consumer goods rose by 6.8%, intermediate goods by 3.1% and energy by 2.3%, while production of both capital goods and non-durable consumer goods fell by 1.6%.

In the EU, production of durable consumer goods rose by 5.7%, intermediate goods by 2.9% and energy by 1.6%, while production of non-durable consumer goods fell by 0.6% and capital goods by 1.1%.

Among Member States for which data are available, the highest increases in industrial production were registered in Portugal (+10.0%), Italy (+7.7%), Hungary and Sweden (both +6.7%). The largest decreases were observed in Ireland (-13.4%), Estonia (-2.1%) and Luxembourg (-1.2%).

Annual comparison by main industrial grouping and by Member State

In the euro area in August 2020, compared with August 2019, production of capital goods fell by 13.2%, intermediate goods by 5.4%, non-durable consumer goods by 3.9% and energy by 3.6%, while production of durable consumer goods rose by 4.3%.

In the EU, production of capital goods fell by 12.3%, intermediate goods by 4.6%, energy by 4.0% and non-durable consumer goods by 3.0%, while production of durable consumer goods rose by 5.5%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Luxembourg (-15.8%), Germany (-11.2%) and France (-7.3%). The only increases were observed in Portugal and Lithuania (both +2.1%) as well as in 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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