Industrial Production in EU, February 2017, Eurostat

Page created: Tuesday, 11 April 2017 15:30GMT | Updated: Tuesday, 11 April 2017 15:34GMT

Press Release:  11 April 2017 - 6 Page(s)
Tags:
Euro Area  European Union  Industrial Production

Industrial production down by 0.3% in euro area

Down by 0.2% in EU28

In February 2017 compared with January 2017, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2017 industrial production rose by 0.3% in both zones.

In February 2017 compared with February 2016, industrial production increased by 1.2% in the euro area and by 2.1% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The decrease of 0.3% in industrial production in the euro area in February 2017, compared with January 2017, is due to production of energy falling by 4.7% and non-durable consumer goods by 1.1%. Production of durable consumer goods remained stable, while capital goods rose by 0.9% and intermediate goods by 1.0%.

In the EU28, the decrease of 0.2% is due to production of energy falling by 3.9% and non-durable consumer goods by 0.9%, while production of durable consumer goods rose by 0.4% and both capital goods and intermediate goods by 0.8%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-15.5%), France (-1.6%) and Croatia (-1.5%), and the highest increases in Bulgaria and Slovenia (both +3.6%), Hungary (+3.4%) and Latvia (+3.2%).

Annual comparison by main industrial grouping and by Member State

The increase of 1.2% in industrial production in the euro area in February 2017, compared with February 2016, is due to production of energy rising by 2.4%, both intermediate goods and durable consumer goods by 2.0% and capital goods by 1.2%, while production of non-durable consumer goods fell by 2.4%. In the EU28, the increase of 2.1% is due to production of capital goods rising by 2.5%, durable consumer goods by 2.4%, intermediate goods by 2.3% and energy by 1.9%, while production of non-durable consumer goods fell by 1.5%.

Among Member States for which data are available, the highest increases in industrial production were registered in Greece (+11.2%), Latvia (+10.6%) and Estonia (+9.0%), while decreases were observed in Ireland (-10.0%) and France (-0.8%).



Original title:  Industrial production down by 0.3% in euro area

Related Document(s)