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Euro area industrial output down 1.1 percent in July from June

Friday, 16 September 2016 13:56:19 (GMT+3)   |   Istanbul
       
In July this year, seasonally-adjusted industrial production decreased by 1.1 percent in the euro area and by one percent in the EU-28, as compared with June, while industrial production in June had risen by 0.8 percent in the euro area and by 0.7 percent in the EU-28, both on month-on-month basis. In July this year compared with July 2015, industrial production decreased by 0.5 percent in the euro area and by 0.1 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union. 
 
As compared to June, in July this year the production of durable goods decreased by 0.7 percent in the euro area and was down by 0.6 percent in the EU-28, while the production of non-durable consumer goods remained unchanged in the euro area and was up 0.2 percent in the EU-28. In July this year, production of capital goods decreased by 1.7 percent in the euro area and 2.1 percent in EU-28, while the production of intermediate goods decreased by 0.5 percent in the euro area and by 0.4 percent in the EU-28, all month on month. Meanwhile, production of energy decreased by 1.4 percent in the euro area and by 0.2 percent in the EU-28, month on month. 
 
Among the member states, in July the highest month-on-month increases were registered in Estonia (+4.5 percent), Ireland (+3.7 percent) and Denmark (+2.3 percent), and the highest decreases in Slovakia (-15.1 percent), Czech Republic (-9.7 percent) and the Netherlands (-5.8 percent).

As compared to the same month of 2015, in July this year production of durable consumer goods increased by 2.6 percent in the euro area and was up by 3.1 percent in the EU-28, production of intermediate goods rose by 0.3 percent in the euro area and by 0.4 percent in the EU-28, while production of capital goods decreased by 1.2 percent in the euro area and by 0.7 percent in the EU-28, all year on year. In July this year, production of non-durable consumer goods increased by 1.3 percent in the euro area and by 1.2 percent in the EU-28, while production of energy narrowed by 5.9 percent in the euro area and was down by four percent in the EU-28, both on year-on-year basis.

Among the member states for which data are available, in July of the current year the largest year-on-year increases were registered in Denmark, Slovenia (both +7.4 percent) Finland (+6.8 percent) and Ireland (+5 percent), and the largest decreases in Slovakia (-14.3 percent), Czech Republic (-7.6 percent) and Malta (-3.9 percent).


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