Industrial production down by 0.9% in euro area

Industrial production down by 0.9% in euro area

Industrial production down by 0.9% in euro area

The FINANCIAL -- In April 2018 compared with March 2018, seasonally adjusted industrial production fell by 0.9% in the euro area and by 0.8% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March 2018, industrial production rose by 0.6% in the euro area and by 0.5% in the EU28.

In April 2018 compared with April 2017, industrial production increased by 1.7% in both zones.

Monthly comparison by main industrial grouping and by Member State

The decrease of 0.9% in industrial production in the euro area in April 2018, compared with March 2018, is due to production of energy falling by 5.0%, durable consumer goods by 2.2%, non-durable consumer goods by 1.2% and intermediate goods by 0.8%, while production of capital goods rose by 1.9%.

In the EU28, the decrease of 0.8% is due to production of energy falling by 3.8%, durable consumer goods by 1.9%, non-durable consumer goods by 1.0% and intermediate goods by 0.7%, while production of capital goods rose by 1.0%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Lithuania (-7.9%), the Netherlands (-4.4%) and Greece (-3.3%), and the highest increases in Ireland (+9.1%), Romania (+2.1%) and Denmark (+0.8%).

Annual comparison by main industrial grouping and by Member State

The increase of 1.7% in industrial production in the euro area in April 2018, compared with April 2017, is due to production of capital goods rising by 4.3%, intermediate goods by 0.8%, non-durable consumer goods by 0.7% and durable consumer goods by 0.4%, while production of energy fell by 0.7%.

In the EU28, the increase of 1.7% is due to production of capital goods rising by 4.7%, durable consumer goods by 1.3%, intermediate goods by 0.8% and non-durable consumer goods by 0.4%, while production of energy remained unchanged.

Among Member States for which data are available, the highest increases in industrial production were registered in Slovenia (+6.9%), Romania (+6.0%) and Poland (+5.9%), and the largest decreases in Malta (-5.8%), Ireland (-4.7%) and Croatia (-1.3%).