European Industrial Production Down 0.1% in June

Production increases 0.1 percent in the EU28.

Compared with May, seasonally adjusted industrial production in June dipped 0.1 percent in the euro area (EA19) and rose 0.1 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May, prices remained stable in the euro area and increased 0.1 percent in the EU28.

In June compared with the same month a year ago, industrial production decreased by 2.2 percent in the euro area and by 2.7 percent in the EU28.

The decrease of 0.1 percent in industrial production in the euro area in June, compared with May, is due to a price fall of 0.2 percent in the energy sector, while prices remained stable for both intermediate goods and non-durable consumer goods, and increased by 0.1 percent for both capital goods and durable consumer goods. Prices in total industry excluding energy remained stable.

In the EU28, the 0.1 percent decrease is due to a price fall of 0.3 percent in the energy sector, while prices remained stable for both intermediate goods and non-durable consumer goods, and increased by 0.1 percent for capital goods and by 0.2 percent for durable consumer goods. Prices in total industry excluding energy remained stable.

The largest decreases in industrial producer prices were observed in Lithuania (-1.5 percent), Denmark, Slovakia and Sweden (all -0.9 percent), and the highest increases in Spain (+0.9 percent), Estonia (+0.6 percent), Hungary (+0.5 percent) and Poland (+0.4 percent).

Annual comparison

The 2.2 percent decrease in industrial producer prices in total industry in the euro area in June 2015, compared with June 2014, is due to price falls of 7.0 percent in the energy sector, of 1.1 percent for non-durable consumer goods and of 0.6 percent for intermediate goods, while prices rose by 0.7 percent for capital goods and by 1.0 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.4 percent.

In the EU28, the 2.7 percent price decrease is due to falls of 9.8 percent in the energy sector, of 1.1 percent for non-durable consumer goods and of 0.6 percent for intermediate goods, while prices rose by 0.8 percent for capital goods and by 1.0 percent for durable consumer goods. Prices in total industry excluding energy fell by 0.3 percent.

Industrial producer prices fell in all Member States except Luxembourg (+0.5 percent). The largest decreases were observed in Lithuania (-8.5 percent), Denmark (-7.3 percent), the United Kingdom (-6.7 percent), Cyprus (-6.0 percent) and the Netherlands (-5.8 percent).

For more detail, download the PDF below.

Click Here


About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access