Seasonally adjusted European industrial production in May fell by 0.3 percent in the euro area (EA17) and by 0.6 percent in the EU272 compared with April, according to estimates by Eurostat, the statistical office of the European Union. In April, production increased by 0.5 percent and 0.3 percent, respectively.
Year-over-year, industrial production decreased by 1.3 percent in the euro area and by 1.6 percent in the EU27 in May.
Compared to the prior month, production of durable consumer goods in May dropped by 2.3 percent in the euro area and by 2.1 percent in the EU27. Capital goods decreased by 1.5 percent and 1.9 percent, respectively. Energy rose by 0.1 percent in the euro area and fell by 0.3 percent in the EU27. Intermediate goods grew by 0.4 percent and 0.2 percent, respectively. Non-durable consumer goods increased by 0.6 percent in the euro area and fell by 0.1 percent in the EU27.
Among the Member States for which data are available, industrial production fell in thirteen, rose in nine and remained stable in the United Kingdom. The largest decreases were registered in Romania (down 10.7 percent), Lithuania (down 6.3 percent) and Sweden (down 3.8 percent), and the highest increases in Portugal (up 6.1 percent), Latvia (up 2.2 percent) and Estonia (up 2 percent).
Year-over-year, production of durable consumer goods in May dropped by 6.2 percent in the euro area and by 5.1 percent in the EU27. In both zones, intermediate goods decreased by 2.6 percent and capital goods by 0.9 percent. Energy rose by 0.2 percent in the euro area, but fell by 1.9 percent in the EU27. Non-durable consumer goods increased by 0.1 percent in the euro area and decreased by 0.7 percent in the EU27.
Among the Member States for which data are available, industrial production fell in sixteen and rose in seven. The largest decreases were registered in Ireland and Sweden (both down 7.7 percent), Bulgaria (down 6 percent) and Finland (down 5.3 percent), and the highest increases in Lithuania (up 21.6 percent), Estonia (up 6.3 percent) and Portugal (up 4.5 percent).
