Euro Area Industrial Production Rebounds in July


Euro Area industrial output rose 1 percent in July, following a revised 0.3 percent drop in June, driven by higher production of capital and non-durable goods. Year-on-year, industrial output grew 2.2 percent.

The increase of 1.0 percent in industrial production in the euro area in July 2014, compared with June 2014, is due to production of capital goods rising by 2.6 percent, non-durable consumer goods by 1.2 percent and intermediate goods by 0.5 percent, while durable consumer goods fell by 1.2 percent and energy by 1.3 percent. In the EU28, the increase of 0.7 percent is due to production of capital goods rising by 2.3 percent, non-durable consumer goods by 0.8 percent and intermediate goods by 0.4 percent, while energy fell by 0.6 percent and durable consumer goods by 0.8 percent.

The highest increases in industrial production were registered in Ireland (+11.3 percent), Estonia (+2.8 percent), Slovenia (+2.3 percent) and Croatia (+2.1 percent), and the largest decreases in Denmark (-4.7 percent), Malta (-4.2 percent) and Greece (-1.7 percent). 

The increase of 2.2 percent in industrial production in the euro area in July 2014, compared with July 2013, is due to production of capital goods rising by 4.6 percent, non-durable consumer goods by 4.0 percent and intermediate goods by 1.6 percent, while durable consumer goods fell by 0.2 percent and energy by 4.4 percent. In the EU28, the increase of 2.0 percent is due to production of capital goods rising by 4.5 percent, non-durable consumer goods by 2.8 percent, intermediate goods by 1.9 percent and durable consumer goods by 0.3 percent, while energy fell by 3.5 percent.

The highest increases in industrial production were registered in Ireland (+17.6 percent), Hungary (+12.3 percent) and Slovenia (+9.2 percent), and the largest decreases in Denmark (-6.4 percent), Sweden (-5.0 percent) and Finland (-2.7 percent). 


Euro Area Industrial Production Rebounds in July


Eurostat | Joana Taborda | joana.taborda@tradingeconomics.com
9/12/2014 10:17:50 AM