Please Note: Gozonews.Com is now simply Gozo.News - Kindly update your bookmarks and links - Existing Gozonews.Com links should continue to function correctly

Industrial production up in both euro area and EU27

Email item Email item Print item Print item

Industrial production up in both euro area and EU27In March 2010 compared with February 2010, seasonally adjusted industrial production grew by 1.3% in the euro area (EA16) and by 1.2% in the EU27. In February production increased by 0.7% and 0.5% respectively.

In March 2010 compared with March 2009, industrial production increased by 6.9% in the euro area and by 6.0% in the EU27.

Monthly comparison

In March 2010 compared with February 2010, production of capital goods grew by 1.5% in the euro area and by 1.2% in the EU27. Non-durable consumer goods rose by 1.2% and 1.1% respectively. Durable consumer goods increased by 0.6% in the euro area and remained stable in the EU27. Intermediate goods gained 0.5% and 0.8% respectively. Production of energy decreased by 0.6% in the euro area and by 0.2% in the EU27.

Among the Member States for which data are available, industrial production rose in seventeen and fell in four. The highest increases were registered in Latvia (+9.9%), Portugal (+7.2%), Bulgaria (+4.2%) and Estonia (+3.8%), and the largest decreases in Ireland (-2.6%) and the Netherlands (-2.0%). Malta stood at +1.3%.

Annual comparison

In March 2010 compared with March 2009, production of intermediate goods grew by 11.7% in the euro area and by 10.6% in the EU27. Production of energy increased by 4.9% and 2.9% respectively. Non-durable consumer goods rose by 4.6% in the euro area and by 3.2% in the EU27. Capital goods gained 4.5% and 4.9% respectively. Durable consumer goods grew by 2.2% in the euro area and by 3.8% in the EU27.

Among the Member States for which data are available, industrial production rose in eighteen and fell only in Greece (-4.5%), Denmark (-1.9%) and Bulgaria (-0.4%). The highest increases were registered in Estonia (+11.6%), Latvia (+11.4%), Poland (+11.2%) and Germany (+9.1%). Malta stood at +8.9%.

These estimates are released by Eurostat, the statistical office of the European Union.

  • Permalink: Industrial production up in both euro area and EU27
  • You may also like...

    Leave a Reply

    Your email address will not be published. Required fields are marked *