The 2020 Mid-Year Economic Update_long

European Industrial Production Down 0.6% in June

Industrial production down 0.5 percent in the EU28.

European seasonally adjusted industrial production decreased by 0.6 percent in June in the euro area (EA19) and by 0.5 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May, industrial production rose by 1.2 percent in both the euro area and the EU28.

In June 2017 compared with June 2016, industrial production increased by 2.6 percent in the euro area and by 2.9 percent in the EU28.

The decrease of 0.6 percent in industrial production in the euro area in June 2017, compared with May 2017, is due to production of capital goods falling by 1.9 percent, durable consumer goods by 1.2 percent, non-durable consumer goods by 0.4 percent and intermediate goods by 0.3 percent, while production of energy rose by 1.8 percent

In the EU28, the decrease of 0.5 percent is due to production of capital goods falling by 1.5 percent, durable consumer goods by 0.8 percent, intermediate goods by 0.4 percent and non-durable consumer goods by 0.3 percent, while production of energy rose by 1.4 percent

Among member states for which data are available, the largest decreases in industrial production were registered in Ireland (-7.5 percent), the Czech Republic (-3.8 percent) and Malta (-3.2 percent), and the highest increases in Luxembourg (+3.4 percent), Estonia, Croatia and the Netherlands (all +1.2 percent).

The increase of 2.6 percent in industrial production in the euro area in June 2017, compared with June 2016, is due to production of energy rising by 5.1 percent, durable consumer goods by 4.0 percent, intermediate goods by 3.8 percent, capital goods by 1.6 percent and non-durable consumer goods by 0.6 percent.

In the EU28, the increase of 2.9 percent is due to production of durable consumer goods rising by 4.2 percent, intermediate goods by 3.9 percent, energy by 3.7 percent, capital goods by 2.4 percent and non-durable consumer goods by 1.5 percent.

Among member states for which data are available, the highest increases in industrial production were registered in Estonia (+14.5 percent), Romania (+11.5 percent) and Sweden (+8.9 percent). Decreases were observed in Ireland (-8.1 percent) and Malta (-1.3 percent).

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