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Industrial production up by 1.6% in euro area

Staff Writer | October 13, 2016
In August 2016 compared with July 2016, seasonally adjusted industrial production rose by 1.6% in the euro area (EA19) and by 1.4% in the EU28, according to Eurostat.
Industrial production
Europe   August 2016 compared with July 2016
In July 2016 industrial production fell by 0.7% in both zones. In August 2016 compared with August 2015, industrial production increased by 1.8% in both zones.

The increase of 1.6% in industrial production in the euro area in August 2016, compared with July 2016, is due to production of durable consumer goods rising by 4.3%, capital goods by 3.5%, energy by 3.3% and intermediate goods by 1.4%, while production of non-durable consumer goods fell by 0.6%.

In the EU28, the increase of 1.4% is due to production of capital goods rising by 3.8%, durable consumer goods by 2.7%, energy by 1.9% and intermediate goods by 0.9%, while production of non-durable consumer goods fell by 0.5%.

Among member states for which data are available, the highest increases in industrial production were registered in the Czech Republic (+12.1%), the Netherlands (+4.4%) and Germany (+3.1%), and the largest decreases in Ireland (-13.4%), Finland (-3.5%) and Sweden (-2.9%).

The increase of 1.8% in industrial production in the euro area in August 2016, compared with August 2015, is due to production of durable consumer goods rising by 4.9%, capital goods by 2.6%, intermediate goods by 2.0% and energy by 1.5%, while production of non-durable consumer goods fell by 0.1%.

In the EU28, the increase of 1.8% is due to production of durable consumer goods rising by 4.6%, capital goods by 3.3%, intermediate goods by 1.9%, energy by 0.2% and non-durable consumer goods by 0.1%.

Among member states for which data are available, the highest increases in industrial production were registered in the Czech Republic (+7.7%), Slovenia (+5.9%) and Poland (+5.1%), and the largest decreases in Ireland (-8.5%), Sweden (-6.2%) and Malta (-3.9%).


 

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