European Industrial Production Up 0.6% in September - Modern Distribution Management

European Industrial Production Up 0.6% in September

Production also increases by 0.6 percent in EU28.

Compared with August 2014, seasonally adjusted industrial production in September increased by 0.6 percent in the euro area (EA18) and by 0.6 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In August, industrial production fell by 1.4 percent and 1.2 percent, respectively.

In September compared with September 2013, industrial production increased by 0.6 percent in both the euro area and the EU28.

The increase of 0.6% in industrial production in the euro area in September 2014, compared with August 2014, is due to production of capital goods rising by 2.9% and energy by 0.3%, while intermediate goods fell by 0.6%, nondurable consumer goods by 0.9% and durable consumer goods by 2.6%.

In the EU28, the increase of 0.6% is due to production of capital goods rising by 2.4% and energy by 0.3%, while intermediate goods fell by 0.4%, non-durable consumer goods by 0.9% and durable consumer goods by 1.7%.

The highest increases in industrial production were registered in Croatia (+4.6%), the Czech Republic (+4.5%) and Ireland (+4.1%), and the largest decreases in Denmark (-5.6%), Portugal (-4.1%) and the Netherlands (-2%).

Annual comparison

The increase of 0.6% in industrial production in the euro area in September 2014, compared with September 2013, is due to production of capital goods and non-durable consumer goods both rising by 2%. Intermediate goods remained stable, while energy fell by 2.5% and durable consumer goods by 3.3%.

In the EU28, the increase of 0.6% is due to production of capital goods rising by 2.1%, non-durable consumer goods by 1.2% and intermediate goods by 0.5%, while durable consumer goods fell by 0.7% and energy by 2.2%.

The highest increases in industrial production were registered in Ireland (+22.1%), the Czech Republic (+5.6%) and Hungary (+5.1%), and the largest decreases in Malta (-7.4%), Sweden (-4.1%) and Greece (-3.5%).

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