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Industrial Production Down by 0.3% in Euro Area in July 2009
added: 2009-09-14

In July 2009 compared with June 2009, seasonally adjusted industrial production fell by 0.3% in the euro area (EA16) and by 0.2% in the EU27. In June production decreased by 0.2% and 0.1% respectively.

In July 2009 compared with July 2008, industrial production declined by 15.9% in the euro area and by 14.7% in the EU27.

Monthly comparison

In July 2009 compared with June 2009, production of non-durable consumer goods increased by 0.7% in the euro area and by 0.6% in the EU27. Intermediate goods grew by 0.3% and 0.1% respectively. Durable consumer goods fell by 0.8% in the euro area and by 0.7% in the EU27. Production of energy decreased by 1.2% and 0.4% respectively. Capital goods dropped by 1.8% in the euro area and by 1.3% in the EU27.

Among the Member States for which data are available, industrial production rose in ten, fell in nine and remained stable in Romania. The highest increases were registered in Ireland (+8.7%), Lithuania (+3.4%) and Denmark (+3.3%), and the most significant falls in Luxembourg (-3.1%), Finland (-2.6%) and Latvia (-1.4%).

Annual comparison

In July 2009 compared with July 2008, production of non-durable consumer goods fell by 0.6% in the euro area and by 1.0% in the EU27. Production of energy decreased by 7.0% and 6.2% respectively. Intermediate goods declined by 20.1% in the euro area and by 19.4% in the EU27. Durable consumer goods dropped by 21.2% and 18.7% respectively. Capital goods fell by 23.2% in the euro area and by 21.9% in the EU27.

Industrial production fell in all Member States for which data are available, except Ireland (+7.1%). The largest decreases were registered in Estonia (-27.9%), Finland (-24.2%), Slovenia (-20.4%) and Luxembourg (-19.9%), and the smallest in Romania (-4.5%), Poland (-4.6%), the Netherlands (-8.0%) and Portugal (-8.3%).


Source: Eurostat

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