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Industrial Production up by 0.3% in Euro Area in January 2011
added: 2011-03-15

In January 2011 compared with December 2010, seasonally adjusted industrial production grew by 0.3% in the euro area (EA17) and by 0.6% in the EU27. In December 2010 production rose by 0.3% and 0.2% respectively.

In January 2011 compared with January 2010, industrial production grew by 6.6% in the euro area and by 6.8% in the EU27.

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

Monthly comparison

In January 2011 compared with December 2010, production of intermediate goods grew by 2.5% in the euro area and by 2.7% in the EU27. Durable consumer goods rose by 2.5% and 2.0% respectively. Capital goods fell by 0.3% in the euro area, but increased by 0.6% in the EU27. Non-durable consumer goods dropped by 0.4% and 0.2% respectively. Production of energy declined by 3.1% in the euro area and by 2.4% in the EU27.

Among the Member States for which data are available, industrial production rose in fourteen and fell in five. The highest increases were registered in Malta (+6.0%), Estonia (+4.2%) and the Czech Republic (+3.5%), and the largest decreases in Portugal (-4.2%), Finland (-2.8%) and Latvia (-2.4%).

Annual comparison

In January 2011 compared with January 2010, production of capital goods grew by 12.3% in the euro area and by 13.2% in the EU27. Intermediate goods increased by 10.1% and 10.6% respectively. Durable consumer goods rose by 3.8% in the euro area and by 3.4% in the EU27. Non-durable consumer goods gained 0.3% and 1.3% respectively. Production of energy fell by 1.9% in the euro area and by 2.1% in the EU27.

Industrial production rose in all the Member States for which data are available, except Portugal (-1.4%). The highest increases were registered in Estonia (+28.8%), Slovakia (+17.1%) and Lithuania (+16.0%), and the smallest in Italy (+0.6%), Ireland (+1.4%) and Malta (+2.1%).


Source: Eurostat

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