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- Euro area industrial production declined in March mostly due to production of energy falling by 3.2%
Euro area industrial production declined in March mostly due to production of energy falling by 3.2%
In March 2017 compared with February 2017, seasonally adjusted industrial production fell by 0.1% in the euro area (EA19) and remained stable in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2017 industrial production also fell by 0.1% in the euro area and remained unchanged in the EU28. In March 2017 compared with March 2016, industrial production increased by 1.9% in the euro area and by 2.4% in the EU28.
The decrease of 0.1% in industrial production in the euro area in March 2017, compared with February 2017, is due to production of energy falling by 3.2%, while production of capital goods rose by 0.2%, intermediate goods by 0.3%, durable consumer goods by 0.9% and non-durable consumer goods by 2.1%. In the EU28, the stable level of industrial production is due to production of energy falling by 2.8%, while production of capital goods rose by 0.1%, intermediate goods by 0.4%, durable consumer goods by 0.9% and non-durable consumer goods by 1.9%.
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