Rise in January’s industrial production one of EU’s highest

Email item Email item Print item Print item

Rise in January's industrial production one of EU's highestIn January 2012 compared with December 2011, seasonally adjusted industrial production grew by 0.2% in both the euro area (EA17) and the EU27. In December production fell by 1.1% and 0.8% respectively. In January 2012 compared with January 2011, industrial production dropped by 1.2% in the euro area and by 1.0% in the EU27.

In January 2012 compared with December 2011, production of energy grew by 1.4% in the euro area and by 0.1% in the EU27. Capital goods increased by 0.7% and 0.8% respectively. Intermediate goods rose by 0.2% in both zones. Durable consumer goods gained 0.1% in the euro-area and remained stable in the EU27. Production of non-durable consumer goods fell by 0.7% and 0.3% respectively. Among the Member States for which data are available, industrial production rose in fourteen and fell in six. The highest increases were registered in Slovakia (+6.1%), Lithuania (+3.6%) and Malta (+3.3%), and the largest decreases in Finland (-5.1%) and Italy (-2.5%).

In January 2012 compared with January 2011, production of energy fell by 6.2% in the euro area and by 7.7% in the EU27. Durable consumer goods decreased by 2.2% and 1.5% respectively. Non-durable consumer goods dropped by 1.8% in the euro area and by 0.7% in the EU27. Intermediate goods declined by 1.3% and 0.9% respectively. Capital goods increased by 3.1% in the euro area and by 3.3% in the EU27.

Among the Member States for which data are available, industrial production fell in thirteen and rose in seven. The largest decreases were registered in Luxembourg (-10.4%), Finland (-6.0%), Greece (-5.2%) and Italy (-5.0%), and the highest increases in Poland (+9.1%), Latvia (+8.2%) and Slovakia (+7.0%).

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

  • Permalink: Rise in January’s industrial production one of EU’s highest
  • You may also like...

    Leave a Reply

    Your email address will not be published.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