15.03.2016, 07:36
Industrial production up by 2.1% in euro area
OREANDA-NEWS. In January 2016 compared with December 2015, seasonally adjusted industrial production rose by 2.1% in the euro area (EA19) and by 1.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.
In December 2015 industrial production fell by 0.5% in the euro area and by 0.6 in the EU28. In January 2016 compared with January 2015, industrial production increased by 2.8% in the euro area and by 2.5% in the EU28.
Monthly comparison by main industrial grouping and by Member State
The increase of 2.1% in industrial production in the euro area in January 2016, compared with December 2015, is due to production of capital goods rising by 3.9%, energy and non-durable consumer goods both by 2.4%, durable consumer goods by 1.3% and intermediate goods by 0.9%. In the EU28, the increase of 1.7% is due to production of capital goods rising by 3.3%, energy by 2.0%, nondurable consumer goods by 1.5%, and intermediate goods and durable consumer goods both by 1.0%. Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+12.7%), Estonia (+4.9%), Croatia (+3.2%) and Germany (+2.9%), and the largest decreases in Malta (-5.0%), Romania (-2.3%) and Finland (-2.1%).
Annual comparison by main industrial grouping and by Member State
The increase of 2.8% in industrial production in the euro area in January 2016, compared with January 2015, is due to production of non-durable consumer goods rising by 7.3%, capital goods by 4.6%, durable consumer goods by 3.2% and intermediate goods by 1.9%, while production of energy fell by 3.7%. In the EU28, the increase of 2.5% is due to production of non-durable consumer goods rising by 5.3%, capital goods by 4.7%, durable consumer goods by 3.0% and intermediate goods by 1.4%, while production of energy fell by 2.7%. Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+42.7%), Lithuania (+10.5%) and Croatia (+9.3%), and the largest decreases in Malta (-8.9%), the Netherlands (-3.9%) and Finland (-1.9%).
In December 2015 industrial production fell by 0.5% in the euro area and by 0.6 in the EU28. In January 2016 compared with January 2015, industrial production increased by 2.8% in the euro area and by 2.5% in the EU28.
Monthly comparison by main industrial grouping and by Member State
The increase of 2.1% in industrial production in the euro area in January 2016, compared with December 2015, is due to production of capital goods rising by 3.9%, energy and non-durable consumer goods both by 2.4%, durable consumer goods by 1.3% and intermediate goods by 0.9%. In the EU28, the increase of 1.7% is due to production of capital goods rising by 3.3%, energy by 2.0%, nondurable consumer goods by 1.5%, and intermediate goods and durable consumer goods both by 1.0%. Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+12.7%), Estonia (+4.9%), Croatia (+3.2%) and Germany (+2.9%), and the largest decreases in Malta (-5.0%), Romania (-2.3%) and Finland (-2.1%).
Annual comparison by main industrial grouping and by Member State
The increase of 2.8% in industrial production in the euro area in January 2016, compared with January 2015, is due to production of non-durable consumer goods rising by 7.3%, capital goods by 4.6%, durable consumer goods by 3.2% and intermediate goods by 1.9%, while production of energy fell by 3.7%. In the EU28, the increase of 2.5% is due to production of non-durable consumer goods rising by 5.3%, capital goods by 4.7%, durable consumer goods by 3.0% and intermediate goods by 1.4%, while production of energy fell by 2.7%. Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+42.7%), Lithuania (+10.5%) and Croatia (+9.3%), and the largest decreases in Malta (-8.9%), the Netherlands (-3.9%) and Finland (-1.9%).
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