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Euro zone industrial production falls 1.1% in July m-o-m

by ChemOrbis Editorial Team - content@chemorbis.com
  • 14/09/2016 (15:38)
production in the euro zone fell 1.1% in July compared to June and it fell by 1% during the same time period in the EU28. When compared to July 2015, industrial production is down 0.5% in the euro zone and by 0.1% in the EU28.

Industrial production had risen in June 2016 by 0.8% in the euro zone and by 0.7% in the EU28.
The decrease in industrial production in the euro area is due to production of capital goods falling by 1.7%, energy by 1.4%, durable consumer goods by 0.7% and intermediate goods by 0.5%, while production of non-durable consumer goods remained unchanged.

In the EU28, the decrease of 1.0% is due to production of capital goods falling by 2.1%, durable consumer goods by 0.6%, intermediate goods by 0.4% and energy by 0.2%, while production of non-durable consumer goods rose by 0.2%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Slovakia (-15.9%), the Czech Republic (-9.7%) and the Netherlands (-5.8%), and the highest increases in Estonia (+4.5%), Ireland (+3.7%) and Denmark (+2.3%).
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