Industrial production up by 1.3% in euro area

Industrial production up by 1.3% in euro area

Industrial production up by 1.3% in euro area

The FINANCIAL -- In May 2018 compared with April 2018, seasonally adjusted industrial production rose by 1.3% in the euro area.

(EA19) and by 1.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In April 2018, industrial production fell by 0.8% in both zones.

In May 2018 compared with May 2017, industrial production increased by 2.4% in both zones.

Monthly comparison by main industrial grouping and by Member State

The increase of 1.3% in industrial production in the euro area in May 2018, compared with April 2018, is due to production of both durable and non-durable consumer goods rising by 2.1%, intermediate goods by 1.6%, capital goods by 0.7% and energy by 0.5%.

In the EU28, the increase of 1.2% is due to production of durable consumer goods rising by 2.0%, non-durable consumer goods by 1.7%, intermediate goods by 1.6% and capital goods by 0.6%, while production of energy fell by 0.1%.

Among Member States for which data are available, the highest increases in industrial production were registered in Lithuania (+11.6%), Sweden (+3.4%) and Ireland (+3.2%), and the largest decreases in Denmark (-2.8%) and

Portugal (-2.0%).

Annual comparison by main industrial grouping and by Member State

The increase of 2.4% in industrial production in the euro area in May 2018, compared with May 2017, is due to production of capital goods rising by 3.9%, non-durable consumer goods by 2.4% and intermediate goods by 2.3%, while durable consumer goods fell by 0.2% and production of energy by 1.0%.

In the EU28, the increase of 2.4% is due to production of capital goods rising by 3.7%, intermediate goods by 2.2%, non-durable consumer goods by 2.0% and durable consumer goods by 1.4%, while production of energy fell by 0.8%.