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Eurozone industrial output increases in May

by ChemOrbis Editorial Team -
  • 13/07/2017 (12:26)
According to the data from Eurostat, industrial output in the Eurozone increased by 1.3% on a monthly basis in May after a revised rise of 0.3% in April. It was also up by 4% when compared to the same month of 2016.

The monthly increase in output in May was mainly driven by an increase of 2.3% in production of capital goods, of 1.8% in durable consumer goods, of 1.2% in non-durable consumer goods, of 0.9% in energy and of 0.3% in intermediate goods.

The largest contribution to the monthly rise in industrial output in May came from Lithuania by 3.8%, Romania by3.5% and the Czech Republic by 3.3% while the output in Portugal and Malta posted the largest drops by 1% and 0.9% respectively.
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