You are here: Home > Steel News > Latest Steel News > Euro...

Euro area industrial output up 1.0 percent in Apr from Mar

Wednesday, 14 June 2023 15:45:15 (GMT+3)   |   Istanbul

In April this year, seasonally-adjusted industrial production increased by 1.0 percent in the euro area and by 0.7 percent in the EU-27, as compared with March this year.

Industrial production in April this year had decreased by 4.1 percent in the euro area and by 3.6 percent in the EU-27, both on month-on-month basis. In April this year, compared with March 2022, industrial production moved up by 0.2 percent in the euro area and by 0.1 percent in the EU-27. These figures are released by Eurostat, the Statistical Office of the European Union

As compared to March this year, in April the production of durable goods was down by 2.6 percent in the euro area and by 2.2 in the EU-27, while the production of capital goods grew by 14.7 percent in the euro area and by 12.1 percent in the EU-27, both on month-on-month basis. In the given month, output of non-durable consumer goods declined by 3.0 percent in the euro area and by 2.2 in the EU-27, month on month. In April, the production of intermediate goods fell by 1.0 percent in both the euro area and the EU-27, while the production of energy increased by 1.0 percent in the euro area and by 0.3 in the EU-27, all month on month. 

Among the member states, in April the highest month-on-month increases were registered in Ireland (21.5%), Lithuania (2.8%) and Sweden (1.4%). 

As compared to the same month of 2022, in April this year production of capital goods rose by 8.3 percent in the euro area and grew by 8.8 percent in the EU-27. In the same month, production of durable consumer goods was down by 4.6 percent in the euro area and by 6.1 percent in the EU-27, while production of intermediate goods fell by 6.2 percent in the euro area and by 6.6 percent in the EU-27, all year on year. In the given month, production of non-durable consumer goods rose by 0.6 percent in the euro area and by 1.8 percent in the EU-27, while production of energy declined by 7.4 percent in the euro area and by 8.3 percent in the EU-27, all on year-on-year basis. 

In April, the highest year-on-year increases were registered in Ireland (22.5%), Malta (14.3%) and Denmark (12.2%), while Estonia (-15.1%), the Netherlands (-12.8%), and Bulgaria (-12.5%) registered the highest decreases.


Similar articles

Euro area industrial output remains stable in October from September

16 Dec | Steel News

France’s metal industry output down 0.4 percent in October from September

09 Dec | Steel News

Poland’s JSW to optimize operations due to rising imports and costs

27 Nov | Steel News

Euro area construction output down 0.1 percent in September from August

22 Nov | Steel News

Euro area industrial output down two percent in September from August

15 Nov | Steel News

Poland-based JSW revises down coal output target for 2024 amid force majeure

12 Nov | Steel News

France’s metal industry output up 0.6 percent in September from August

06 Nov | Steel News

EUROFER: EU auto output forecast for 2024 revised downwards

01 Nov | Steel News

EUROFER: EU construction sector output to fall 1.3 percent in 2024, recovery expected in 2025

01 Nov | Steel News

LKAB reports lower net profit and sales revenues for Q3

28 Oct | Steel News