Industrial Production in EU, December 2016, Eurostat

Page created: Wednesday, 15 February 2017 9:30GMT

Press Release:  15 February 2017 - 6 Page(s)
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Euro Area  European Union  Industrial Production

Industrial production down by 1.6% in euro area

Down by 1.0% in EU28

In December 2016 compared with November 2016, seasonally adjusted industrial production fell by 1.6% in the euro area (EA19) and by 1.0% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In November 2016 industrial production rose by 1.5% in the euro area and by 1.6% in the EU28.

In December 2016 compared with December 2015, industrial production increased by 2.0% in the euro area and by 2.9% in the EU28.

The average industrial production for the year 2016, compared with 2015, rose by 1.3% in the euro area and by 1.4% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The decrease of 1.6% in industrial production in the euro area in December 2016, compared with November 2016, is due to production of capital goods falling by 3.3%, energy by 1.4%, non-durable consumer goods by 1.2% and intermediate goods by 0.2%, while production of durable consumer goods rose by 2.9%.

In the EU28, the decrease of 1.0% is due to production of capital goods falling by 2.2%, energy by 1.4% and nondurable consumer goods by 0.8%, while production of intermediate goods remained stable and production of durable consumer goods rose by 2.7%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-11.7%), Germany (-3.1%) and the Czech Republic (-2.2%), and the highest increases in Croatia (+3.9%), Greece and Malta (both +2.4%).



Original title:  Industrial production down by 1.6% in euro area