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EU-27 industrial output up 0.9 percent in August over July

Wednesday, 12 October 2011 16:29:43 (GMT+3)   |  

In August this year as compared with the previous month of July, seasonally-adjusted industrial production rose by 1.2 percent in the euro area and by 0.9 percent in the EU-27. In July, production had risen by 1.1 percent and 0.9 percent respectively, month on month. Industrial production in the EU-27 in August this year was still 9.5 percent lower than pre-crisis levels.

Meanwhile, in August this year compared with August last year, seasonally-adjusted industrial production increased by 5.3 percent in the euro area and by 4.3 percent in the EU-27. These figures are released by Eurostat, the statistical office of the European Union.

As compared to July, in August this year production of capital goods grew by 2.1 percent in the euro area and by 1.6 percent in the EU-27, intermediate goods increased by 1.7 percent in the euro area and by 1.4 percent in the EU-27, non-durable consumer goods increased by 1.1 percent and 0.7 percent respectively, while durable consumer goods remained stable in both zones.

Among the member states for which data are available, in August this year as compared to July, industrial production rose in 12 states, and fell in 10. The highest increases were registered in Portugal (+8.2%), Ireland (+4.4%) and Italy (+4.3%), and the largest decreases in Denmark (-3.0%), Sweden (-2.7%) and Bulgaria (-2.1%).

As compared to August last year, in August this year production of capital goods grew by 12.2 percent in the euro area and by 10.6 percent in the EU-27, intermediate goods increased by 5.3 percent and 4.7 percent respectively, durable consumer goods rose by 2.8 percent in the euro area and by 1.1 percent in the EU-27, non-durable consumer goods grew by 1.9 percent and 1.8 percent respectively, while production of energy decreased by 3.5 percent in the euro area and by 3.6 percent in the EU-27. 
 
Among the member states for which data are available, in August this year as compared to August last year, industrial production rose in 17 states and fell in five. The highest increases were registered in Estonia (+22.7%), Ireland (+10.1%), Germany (+7.8%) and Romania (+7.7%), and the largest decreases were seen in Greece (-12.3%) and Malta (-2.2%).