In April 2014 compared with March 2014, seasonally adjusted industrial production rose by 0.8% in the euro area (EA18) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March 2014 industrial production fell by 0.4% and 0.3% respectively.
In April 2014 compared with April 2013, industrial production grew by 1.4% in the euro area and by 2.1% in the EU28.
Monthly comparison by main industrial grouping and by Member State
The increase of 0.8% in industrial production in the euro area in April 2014, compared with March 2014, is due to production of energy rising by 2.5%, non-durable consumer goods by 2.1% and intermediate goods by 0.6%, while durable consumer goods and capital goods remained almost stable.
In the EU28, the increase of 0.7% is due to production of energy rising by 1.8%, non-durable consumer goods by 1.4%, durable consumer goods by 0.7%, intermediate goods by 0.6% and capital goods by 0.4%.
The highest increases in industrial production were registered in Portugal (+6.7%), Lithuania (+4.9%), the Netherlands (+3.5%) and Hungary (+2.5%), and the only decreases in Malta (-6.0%), Croatia (-2.9%), Denmark (-0.9%), Romania and Finland (both -0.3%).
Annual comparison by main industrial grouping and by Member State
The increase of 1.4% in industrial production in the euro area in April 2014, compared with April 2013, is due to production of non-durable consumer goods rising by 5.0%, intermediate goods by 3.4%, durable consumer goods by 1.0% and capital goods by 0.3%, while energy fell by 6.7%.
In the EU28, the increase of 2.1% is due to production of intermediate goods rising by 4.3%, non-durable consumer goods by 4.2%, durable consumer goods by 2.0% and capital goods by 1.8%, while energy fell by 6.0%.
The highest increases in industrial production were registered in Ireland (+15.0%), Hungary (+10.1%), the Czech Republic (+9.2%) and Portugal (+5.8%), and the largest decreases in Malta (-11.4%), the Netherlands (-3.4%) and Greece (-2.4%).
 |
| READ THE ORIGINAL POST AT www.neurope.eu |