April European Industrial Production Up from March - Modern Distribution Management

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April European Industrial Production Up from March

Industrial production up 0.8 percent in euro area, 0.7 percent in EU28.
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Seasonally adjusted industrial production rose 0.8 percent in April, compared with March, in the euro area (EA18) and by 0.7 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March, industrial production rose by 0.4 percent in the euro area and by 0.3 percent in the EU28.

Compared with April 2013, industrial production grew by 1.4 percent in the euro area and by 2.1 percent in the EU28.

Compared with March, April production of energy increased by 2.5 percent in the euro area and 1.8 percent in the EU28. Non-durable consumer goods increased by 2.1 percent in the euro area and by 1.4 percent in the EU28. Intermediate goods increased 0.6 percent in the euro area and in the EU28. Durable consumer goods remained stable in the euro area and rose 0.7 percent in the EU28.

The largest increases in industrial production were registered in Portugal (up 6.7 percent), Lithuania (up 4.9 percent) and Hungry (up 2.5 percent), and the highest decreases in Malta (down 6 percent), Croatia (down 2.9 percent), Denmark (down 0.9 percent) and Romania and Finland (down 0.3 percent).

Compared with April 2013, April 2014 production of non-durable consumer goods increased by 5.0 percent in the euro area and 4.2 percent in the EU28. Intermediate goods grew by 3.4 percent in the euro area and 4.3 percent in the EU28. Durable consumer goods rose by 1.0 percent in the euro area and by 2.0 percent in the EU28. Capital goods increased by 0.3 percent in the euro area and by 1.8 percent in the EU28. Energy fell by 6.7 percent and 6.0 percent respectively.

The largest decreases in industrial production were registered in the Malta (down 11.4 percent), the Netherlands (down 3.4 percent) and Greece (down 2.4 percent), and the highest increases in Ireland (up 15.0 percent), Hungary (up 10.1 percent), the Czech Republic (up 9.2 percent) and Portugal (up 5.8 percent).

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