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- Industrial production in Euro Zone up 0.6% due to capital goods and durable goods
Industrial production in Euro Zone up 0.6% due to capital goods and durable goods
In June 2016 compared with May 2016, seasonally adjusted industrial production rose by 0.6% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May 2016 industrial production fell by 1.2% and 1.1% respectively. In June 2016 compared with June 2015, industrial production increased by 0.4% in the euro area and by 0.5% in the EU28.
The increase of 0.6% in industrial production in the euro area in June 2016, compared with May 2016, is due to production of capital goods rising by 1.3%, durable consumer goods by 1.0% and non-durable consumer goods by 0.7%, while production of intermediate goods fell by 0.2% and energy by 0.6%. In the EU28, the increase of 0.5% is due to production of capital goods rising by 1.3%, durable consumer goods by 0.9% and non-durable consumer goods by 0.1%, while production of intermediate goods fell by 0.1% and energy by 0.5%. Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+7.1%), Bulgaria (+3.9%) and Greece (+3.8%), and the largest decreases in Estonia (-3.1%), Hungary (-2.3%) and Malta (-1.6%).
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