Seasonally adjusted industrial production grew by 0.4 percent in both the euro area(EA17) and the EU27 in February, according to estimates released by Eurostat, the statistical office of the European Union. In January,production fell by 0.6 percent and 0.5 percent respectively.
Year over year, industrial production decreased by 3.1 percent in the euro area and by 2.5 percent in the EU27.
Compared with January, production of energy grew by 2.6 percent in the euro area and by 1.8 percent in the EU27. Durable consumer goods increased by 1.3 percent in the euro area and remained stable in the EU27. Capital goods rose by 0.9 percent and 0.6 percent respectively. Intermediate goods fell by 0.1 percent in the euro area, but increased by 0.2 percent in the EU27. Non-durable consumer goods dropped by 1.5 percent and 1.3 percent respectively.
Among the Member States for which data are available, industrial production rose in ten and fell in twelve. The highest increases were registered in the Netherlands and Slovenia (both +3.4 percent), the Czech Republic (+1.6 percent) and Portugal (+1.3 percent), and the largest decreases in Estonia and Malta (both -3.9 percent), Lithuania (-3.7 percent) and Denmark (-3.0 percent).
Compared with February 2012, production of energy fell by 6.1 percent in the euro area and by 5.9 percent in the EU27. Durable consumer goods dropped by 4.8 percent and 4.5 percent respectively. Capital goods decreased by 3.5 percent in the euro area and by 2.8 percent in the EU27. Intermediate goods fell by 3.0 percent and 2.5 percent respectively. Non-durable consumer goods grew by 0.1 percent in the euro area and by 0.7 percent in the EU27.
Among the Member States for which data are available, industrial production fell in sixteen and rose in six. The largest decreases were registered in Finland (-7.5 percent), Spain (-6.5 percent), Greece (-3.9 percent) and Italy (-3.8 percent), and the highest increases in Romania (+6.5 percent), Bulgaria (+5.1 percent) and Slovenia (+3.3 percent).
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