The 2020 Mid-Year Economic Update_long

European Industrial Production Up 0.1% in April

Production also up 0.1 percent in the EU28.

Compared with March, seasonally adjusted industrial production in April rose by 0.1 percent in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March, industrial production decreased by 0.4 percent and 0.1 percent respectively.

In April compared with April 2014, industrial production increased by 0.8 percent in the euro area and by 1.2 percent in the EU28.

The increase of 0.1 percent in industrial production in the euro area in April 2015, compared with March 2015, is due to production of durable consumer goods rising by 1 percent, capital goods by 0.7 percent and intermediate goods by 0.3 percent, while non-durable consumer goods fell by 0.8 percent and energy by 1.6 percent.

In the EU28, the increase of 0.1 percent is due to production of capital goods rising by 0.6 percent and durable consumer goods by 0.5 percent, while intermediate goods were stable. Energy fell by 0.4 percent and non-durable consumer goods by 1.2 percent.

The highest increases in industrial production were registered in Lithuania (+3.4 percent), Sweden (+2.2 percent) and Portugal (+2.1 percent), and the largest decreases in Croatia (-4.1 percent), Malta (-3.8 percent), Greece (-2.3 percent) and Poland (-2.1 percent).

Annual comparison

The increase of 0.8 percent in industrial production in the euro area in April 2015, compared with April 2014, is due to production of capital goods rising by 2.1 percent, durable consumer goods by 1.7 percent and both intermediate goods and energy by 0.2 percent, while non-durable consumer goods fell by 0.3 percent. In the EU28, the increase of 1.2 percent is due to production of capital goods rising by 2.4 percent, durable consumer goods by 1.7 percent, energy by 1.1 percent and intermediate goods by 0.8 percent, while non-durable consumer goods fell by 0.8 percent.

The highest increases in industrial production were registered in Latvia (+10.2 percent), Ireland (+9.8 percent) and Hungary (+6.3 percent). Decreases were recorded in Finland (-4.1 percent), the Netherlands (-3.9 percent), Portugal (-1.1 percent) and Estonia (-0.2 percent).

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