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Industrial Production up by 0.1% in Euro Area
added: 2011-07-13

In May 2011 compared with April 2011, seasonally adjusted industrial production grew by 0.1% in the euro area (EA17) and by 0.4% in the EU27. In April production rose by 0.2% and 0.1% respectively.

In May 2011 compared with May 2010, industrial production increased by 4.0% in both zones.

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

Monthly comparison

In May 2011 compared with April 2011, production of energy grew by 0.9% in the euro area and by 0.4% in the EU27. Capital goods increased by 0.6% and 1.0% respectively. Intermediate goods fell by 0.1% in the euro-area, but rose by 0.4% in the EU27. Non-durable consumer goods declined by 0.4% in the euro-area and by 0.3% in the EU27. Durable consumer goods dropped by 0.5% and 0.3% respectively.

Among the Member States for which data are available, industrial production rose in eighteen and fell in five. The highest increases were registered in Lithuania (+5.0%), Slovenia (+4.1%), Portugal (+2.8%), the Czech Republic and Denmark (both +2.7%), and the largest decreases in Estonia (-2.5%), Latvia and Malta (both ‑1.3%).

Annual comparison

In May 2011 compared with May 2010, production of capital goods grew by 9.3% in both zones. Intermediate goods increased by 4.4% in the euro-area and by 5.0% in the EU27. Non-durable consumer goods gained 2.1% and 2.2% respectively. Durable consumer goods rose by 1.2% in the euro-area, but fell by 0.4% in the EU27. Production of energy decreased by 6.7% and 7.3% respectively.

Among the Member States for which data are available, industrial production rose in eighteen and fell in five. The highest increases were registered in Estonia (+26.1%), the Czech Republic (+12.6%), Lithuania (+11.4%), Slovakia (+10.7%) and Latvia (+10.2%), and the largest decreases in Greece (-10.0%), the Netherlands (‑2.6%) and the United Kingdom (-1.1%).


Source: Eurostat

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