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Eurozone: Industrial Production Decreased 1.5 Percent
Industrial production fell in fifteen EU member states.
Eurozone: Industrial Production Decreased 1.5 Percent / Picture: © Vindobona.org
In July 2013 compared with June 2013, seasonally adjusted industrial production fell by 1.5% in the euro area (EA17) and by 1.0% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June industrial production increased by 0.6% and 0.9% respectively.
In July 2013 compared with July 20124, industrial production dropped by 2.1% in the euro area and by 1.7% in the EU28.
In July 2013 compared with June 2013, production of capital goods fell by 2.6% in the euro area and by 1.6% in the EU28. Durable consumer goods decreased by 2.2% and 0.5% respectively. Energy dropped by 1.6% in the euro area and by 1.2% in the EU28. Non-durable consumer goods declined by 0.9% and 0.5% respectively. Intermediate goods fell by 0.7% in the euro area and by 0.6% in the EU28.
Among the Member States for which data are available, industrial production fell in twelve, rose in ten and remained stable in the United Kingdom. The largest decreases were registered in Ireland (-8.7%), Malta (-6.7%), Portugal (-3.2%), Greece (-2.8%) and Germany (-2.3%), and the highest increases in Lithuania (+3.3%), Denmark (+2.3%), Estonia (+2.1%) and Finland (+2.0%).tio
Annual comparison
In July 2013 compared with July 2012, production of durable consumer goods fell by 3.9% in the euro area and by 1.8% in the EU28. Capital goods dropped by 3.3% and 1.9% respectively. Energy decreased by 2.8% in the euro area and by 4.4% in the EU28. Intermediate goods declined by 1.2% in both zones. Non-durable consumer goods fell by 0.7% in the euro area and by 0.4% in the EU28.
Among the Member States for which data are available, industrial production fell in fifteen, rose in seven and remained stable in Slovenia. The largest decreases were registered in Greece (-8.2%), Ireland (-7.9%), Malta(-7.7%) and Sweden (-6.2%), and the highest increases in Estonia (+7.8%), Romania (+7.3%) and Poland (+3.8%).