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Industrial Production Down by 0.7% in Euro Area in June 2011
added: 2011-08-17

In June 2011 compared with May 2011, seasonally adjusted industrial production fell by 0.7% in the euro area (EA17) and by 1.2% in the EU27. In May production rose by 0.2% in both zones.

In June 2011 compared with June 2010, industrial production increased by 2.9% in the euro area and by 1.7% in the EU27.

These estimates are released by Eurostat, the statistical office of the European Union.

Monthly comparison

In June 2011 compared with May 2011, production of durable consumer goods fell by 2.5% in the euro area and by 2.2% in the EU27. Capital goods decreased by 1.5% and 2.9% respectively. Intermediate goods declined by 0.6% in the euro-area and by 1.3% in the EU27. Non-durable consumer goods dropped by 0.5% and 0.8% respectively. Production of energy fell by 0.4% in the euro area, but gained 0.8% in the EU27.

Among the Member States for which data are available, industrial production fell in fifteen, rose in five and remained stable in the United Kingdom. The largest decreases were registered in Denmark (-5.8%), Portugal (-3.5%), Finland (-3.3%) and Slovenia (-2.7%), and the highest increases in Latvia (+4.1%) and Lithuania (+3.7%).

Annual comparison

In June 2011 compared with June 2010, production of capital goods grew by 7.0% in the euro area and by 5.0% in the EU27. Intermediate goods increased by 3.3% and 2.3% respectively. Non-durable consumer goods rose by 1.2% in the euro-area and by 0.5% in the EU27. Durable consumer goods fell by 2.7% and 4.1% respectively. Production of energy decreased by 5.1% in the euro area and by 4.6% in the EU27.

Among the Member States for which data are available, industrial production rose in thirteen and fell in eight. The highest increases were registered in Estonia (+23.7%), Latvia (+15.2%), Lithuania (+10.3%), the Czech Republic (+7.4%) and Germany (+7.0%), and the largest decreases in Greece (-13.2%), the United Kingdom (-5.3%) and Denmark (-3.3%).


Source: Eurostat

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