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

European Industrial Production Up 0.6% in June

Industrial production up 0.5 percent in the EU28.

European seasonally adjusted industrial production rose by 0.6 percent in June in the euro area (EA19) and by 0.5 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In May 2016, industrial production fell by 1.2 percent in the euro area and by 1.1 percent in the EU28.

In June 2016 compared with June 2015, industrial production increased by 0.4 percent in the euro area and by 0.5 percent in the EU28.

The increase of 0.6 percent in industrial production in the euro area in June 2016, compared with May 2016, is due to production of capital goods rising by 1.3 percent, durable consumer goods by 1 percent and non-durable consumer goods by 0.7 percent, while production of intermediate goods fell by 0.2 percent and energy by 0.6 percent.

In the EU28, the increase of 0.5 percent is due to production of capital goods rising by 1.3 percent, durable consumer goods by 0.9 percent and non-durable consumer goods by 0.1 percent, while production of intermediate goods fell by 0.1 percent and energy by 0.5 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+7.1 percent), Bulgaria (+3.9 percent) and Greece (+3.8 percent), and the largest decreases in Estonia (-3.1 percent), Hungary (-2.3 percent) and Malta (-1.6 percent).

The increase of 0.4 percent in industrial production in the euro area in June 2016, compared with June 2015, is due to production of capital goods rising by 1.1 percent, both durable consumer goods and non-durable consumer goods by 0.9 percent and intermediate goods by 0.4 percent, while production of energy fell by 3.5 percent.

In the EU28, the increase of 0.5 percent is due to production of capital goods rising by 1.4 percent, durable consumer goods by 1.3 percent, non-durable consumer goods by 0.8 percent and intermediate goods by 0.3 percent, while production of energy fell by 3.1 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in Latvia (+7.9 percent), Greece (+7.6 percent) and Slovenia (+6.1 percent), and the largest decreases in Malta (-8.5 percent), Estonia (-4.6 percent) and Sweden (-3.1 percent).

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