European Industrial Production Grows in Euro Area, EU27 - Modern Distribution Management

European Industrial Production Grows in Euro Area, EU27

Both zones reported growth of 0.4 percent from January.

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).

Download the pdf below for more details.

Click Here


Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.