European Industrial Production Up 1.6% in August - Modern Distribution Management

European Industrial Production Up 1.6% in August

Industrial production up 1.4 percent in the EU28.

European seasonally adjusted industrial production rose by 1.6 percent in August in the euro area (EA19) and by 1.4 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In July, industrial production fell by 0.7 percent in both zones.

In August 2016 compared with August 2015, industrial production increased by 1.8 percent in both zones.

The increase of 1.6 percent in industrial production in the euro area in August 2016, compared with July 2016, is due to production of durable consumer goods rising by 4.3 percent, capital goods by 3.5 percent, energy by 3.3 percent and intermediate goods by 1.4 percent, while production of non-durable consumer goods fell by 0.6 percent.

In the EU28, the increase of 1.4 percent is due to production of capital goods rising by 3.8 percent, durable consumer goods by 2.7 percent, energy by 1.9 percent and intermediate goods by 0.9 percent, while production of non-durable consumer goods fell by 0.5 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in the Czech Republic (+12.1 percent), the Netherlands (+4.4 percent) and Germany (+3.1 percent), and the largest decreases in Ireland (-13.4 percent), Finland (-3.5 percent) and Sweden (-2.9 percent).

The increase of 1.8 percent in industrial production in the euro area in August 2016, compared with August 2015, is due to production of durable consumer goods rising by 4.9 percent, capital goods by 2.6 percent, intermediate goods by 2 percent and energy by 1.5 percent, while production of non-durable consumer goods fell by 0.1 percent.

In the EU28, the increase of 1.8 percent is due to production of durable consumer goods rising by 4.6 percent, capital goods by 3.3 percent, intermediate goods by 1.9 percent, energy by 0.2 percent and non-durable consumer goods by 0.1 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in the Czech Republic (+7.7 percent), Slovenia (+5.9 percent) and Poland (+5.1 percent), and the largest decreases in Ireland (-8.5 percent), Sweden (-6.2 percent) and Malta (-3.9 percent).

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