The 2020 Mid-Year Economic Update_long

European Industrial Production Up 1.3% in May

Industrial production up 1.2 percent in the EU28.

European seasonally adjusted industrial production rose by 1.3 percent in May in the euro area (EA19) and by 1.2 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In April, industrial production rose by 0.3 percent in the euro area and by 0.1 percent in the EU28.

In May 2017 compared with May 2016, industrial production increased by 4 percent in both the euro area and EU28.

The increase of 1.3 percent in industrial production in the euro area in May 2017, compared with April 2017, is due to production of capital goods rising by 2.3 percent, durable consumer goods by 1.8 percent, non-durable consumer goods by 1.2 percent, energy by 0.9 percent and intermediate goods by 0.3 percent.

In the EU28, the increase of 1.2 percent is due to production of capital goods rising by 2 percent, durable consumer goods by 1.8 percent, non-durable consumer goods by 1 percent, energy by 0.7 percent and intermediate goods by 0.6 percent.

Among member states for which data are available, the highest increases in industrial production were registered in Lithuania (+3.8 percent), Romania (+3.5 percent) and the Czech Republic (+3.3 percent), and the largest decreases in Portugal (-1 percent) and Malta (-0.9 percent).

The increase of 4 percent in industrial production in the euro area in May 2017, compared with May 2016, is due to production of durable consumer goods rising by 7.5 percent, capital goods by 5.5 percent, intermediate goods by 3.8 percent, non-durable consumer goods by 2.6 percent and energy by 2.2 percent.

In the EU28, the increase of 4 percent is due to production of durable consumer goods rising by 6.8 percent, capital goods by 6.1 percent, intermediate goods by 4.9 percent, non-durable consumer goods by 2.4 percent and energy by 1.1 percent.

Among member states for which data are available, the highest increases in industrial production were registered in Romania (+14.6 percent), Estonia (+12.6 percent) and the Czech Republic (+10.7 percent). Decreases were observed in Malta and the United Kingdom (both -0.7 percent).

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