Production of durable consumer goods posted the biggest decline (-2.3 percent vs 1.4 percent in June), followed by energy (-2.1 percent vs -3.4 percent), non-durable consumer goods (-0.5 percent vs 2.3 percent), and intermediate goods (-0.1 percent vs 1.7 percent). On the other hand, capital goods output grew 1.4 percent, easing from a 4.5 percent advance in the previous month.
Among Member States for which data are available, the highest increases in industrial production were registered in Poland (7.9 percent), the Czech Republic (6.7 percent) and Slovenia (5.9 percent), and the largest decreases in Malta (-6.4 percent), Ireland (-6.2 percent) and the Netherlands (-2.1 percent).
On a monthly basis, industrial output shrank 0.8 percent in July, the same pace as in June and worse than market expectations of a 0.5 percent drop. Output fell for: durable consumer goods (-1.9 percent vs -0.1 percent); non-durable consumer goods (-1.3 percent vs -1.1 percent); and intermediate goods (-0.8 percent vs -0.5 percent). By contrast, there was a rebound in production of both capital goods (0.8 percent vs -1.9 percent) and energy (0.7 percent vs -0.2 percent).
In the EU28, output dropped 0.7 percent in July, following a decline of 0.5 percent in June, due to lower production of non-durable consumer goods (-1.3 percent vs -0.4 percent), durable consumer goods (-1 percent vs -0.1 percent), and intermediate goods (-0.6 percent vs -0.4 percent). On the other hand, energy output rose 0.7 percent, after being unchanged in the previous month; and production of capital goods moved up 0.6 percent, recovering from a 1.3 percent slump in June.
Among Member States for which data are available, the largest decreases in industrial production were registered in Malta (-6.3 percent), Croatia (-5 percent) and Sweden (-4.1 percent), and the highest increases in Denmark (3.6 percent), Ireland (2.8 percent) and Latvia (1.8 percent).