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Industrial Production up by 0.9% in Euro Area in May 2010
added: 2010-07-15

In May 2010 compared with April 2010, seasonally adjusted industrial production grew by 0.9% in the euro area (EA16) and by 1.0% in the EU27. In April production increased by 0.9% and 0.5% respectively.

In May 2010 compared with May 2009, industrial production rose by 9.4% in the euro area and by 8.7% in the EU27.

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

Monthly comparison

In May 2010 compared with April 2010, production of durable consumer goods grew by 2.4% in the euro area and by 1.8% in the EU27. Capital goods increased by 1.0% and 1.7% respectively. Intermediate goods rose by 0.8% in both zones. Production of energy gained 0.6% in the euro area and 1.3% in the EU27. Non-durable consumer goods grew by 0.6% and 0.9% respectively.

Among the Member States for which data are available, industrial production rose in sixteen and fell in six. The highest increases were registered in Ireland (+7.5%), Slovenia (+4.5%), Poland and Sweden (both +3.4%), and the largest decreases in Luxembourg (-6.6%) and Portugal (-0.7%).

Annual comparison

In May 2010 compared with May 2009, production of intermediate goods grew by 14.7% in the euro area and by 13.7% in the EU27. Capital goods increased by 8.6% and 9.0% respectively. Durable consumer goods rose by 6.3% in the euro area and by 7.7% in the EU27. Production of energy gained 5.7% and 4.3% respectively. Non-durable consumer goods grew by 3.7% in the euro area and by 3.3% in the EU27.

Industrial production rose in all Member States for which data are available, except Greece (-6.3%) and Bulgaria (-1.7%). The highest increases were registered in Estonia (+17.2%), Luxembourg (+13.5%), Sweden (+13.4%), Latvia (+13.2%) and Germany (+13.1%).


Source: Eurostat

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