RSS   Newsletter   Contact   Advertise with us

Industrial production up 4.1% in both euro area and EU

Christian Fernsby ▼ | September 14, 2020
In July 2020, a month marked by some relaxation of coronavirus containment measures in many Member States, the seasonally adjusted industrial production rose by 4.1% in both the euro area and EU, compared with June 2020, according to estimates from Eurostat.
Europe cars
July   Europe cars
In June 2020, industrial production rose by 9.5% in the euro area and by 9.6% in the EU.

Topics: Euro

In July 2020 compared with July 2019, industrial production decreased by 7.7% in the euro area and by 7.3% in the EU.

Monthly comparison by main industrial grouping and by Member State

In the euro area in July 2020, compared with June 2020, production of capital goods rose by 5.3%, durable consumer goods by 4.7%, intermediate goods by 4.2%, non-durable consumer goods by 3.9% and energy by 1.1%. In the EU, production of capital goods rose by 5.6%, durable consumer goods by 4.8%, intermediate goods by 3.9%, non-durable consumer goods by 2.8% and energy by 1.3%.

The highest increases were registered in Portugal (+11.9%), Spain (+9.4%) and Ireland (+8.3%). Decreases were observed in Denmark (-4.9%), Latvia (-0.8%) and Belgium (-0.5%).

Annual comparison by main industrial grouping and by Member State

In the euro area in July 2020, compared with July 2019, production of capital goods fell by 10.4%, intermediate goods by 9.3%, energy by 6.2%, durable consumer goods by 3.8% and non-durable consumer goods by 1.9%. In the EU, production of capital goods fell by 10.2%, intermediate goods by 8.7%, energy by 6.6%, non-durable consumer goods by 2.5% and durable consumer goods by 2.0%.

The largest decreases were observed in Denmark (-13.6%), Germany (-11.6%) and Portugal (-9.6%). Increases were registered in Ireland (+15.6%), Poland (+0.9%) and Latvia (+0.1%).

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.


 

MORE INSIDE POST