Eurozone industrial production rose more than expected in August

According to estimates from Eurostat, in August 2019 compared with July 2019, seasonally adjusted industrial production rose by 0.4% in the euro area (EA19) and by 0.1% in the EU28.  Economists had expected a 0.3% increase in the euro area. In July 2019, industrial production fell by 0.4% in the euro area and by 0.1% in the EU28. In August 2019 compared with August 2018, industrial production decreased by 2.8% in the euro area and by 2.0% in the EU28.

In the euro area in August 2019, compared with July 2019, production of capital goods rose by 1.2% and intermediate goods by 0.3%, while production of non-durable consumer goods fell by 0.3%, and durable consumer goods and energy by 0,4%. In the EU28, production of capital goods rose by 0.8% and intermediate goods by 0.2%, while production of durable consumer goods fell by 0.5%, and energy and non-durable consumer goods by 0.6%.

In the euro area in August 2019, compared with August 2018, production of non-durable consumer goods fell by 2.0%, capital goods by 2.9%, intermediate goods by 3.1% and energy by 3.3%, while production of durable consumer goods rose by 0.4%. In the EU28, production of non-durable consumer goods fell by 0.4%, intermediate goods by 2.3%, capital goods by 2.6% and energy by 3.0%, while production of durable consumer goods rose by 0.8%.