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Industrial production up 2.3% in euro area

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Christian Fernsby ▼ | March 13, 2020
In January 2020 compared with December 2019, seasonally adjusted industrial production rose 2.3% in the euro area (EA19) and 2.0% in the EU27, according to estimates from Eurostat, the statistical office of the European Union.
Industrial production
January 2020 compared with December 2019   Up by 2.0% in EU27
In December 2019, industrial production fell 1.8% in the euro area and 1.6% in the EU27. In January 2020 compared with January 2019, industrial production decreased 1.9% in the euro area and 1.5% in the EU27.

Topics: industrial production euro

Monthly comparison main industrial grouping and Member State

In the euro area in January 2020, compared with December 2019, production of intermediate goods rose 3.2%, capital goods 2.6%, non-durable consumer goods 0.8% and durable consumer goods 0.7%, while production of energy fell 0.1%.

In the EU27, production of intermediate goods rose 3.2%, capital goods 2.1%, durable consumer goods 1.1%, non-durable consumer goods 0.7% and energy 0.1%.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+5.7%), Hungary (+4.6%) and Slovakia (+4.5%). The largest decreases were observed in Denmark (-2.1%), Latvia (-1.9%) and Lithuania (-1.8%).

Annual comparison main industrial grouping and Member State

In the euro area in January 2020, compared with January 2019, production of energy fell 6.7%, intermediate goods 2.3% and capital goods 1.9%, while production of non-durable consumer goods rose 1.3% and durable consumer goods 2.6%.

In the EU27, production of energy fell 5.8%, capital goods 2.0% and intermediate goods 1.5%, while production of non-durable consumer goods rose 1.5% and durable consumer goods 2.6%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Luxembourg (-9.2%), Croatia (-5.5%) and Latvia (-4.5%). The highest increases were observed in Malta (+8.1%), Poland (+3.4%) and Hungary (+2.7%).

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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