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Industrial Production up by 1.0% in Euro Area in August 2010
added: 2010-10-14

In August 2010 compared with July 2010, seasonally adjusted industrial production grew by 1.0% in the euro area (EA16) and by 0.8% in the EU27. In July production rose by 0.1% in both zones.

In August 2010 compared with August 2009, industrial production increased by 7.9% in the euro area and by 7.5% in the EU27.

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

Monthly comparison

In August 2010 compared with July 2010, production of capital goods grew by 3.0% in the euro area and by 2.6% in the EU27. Durable consumer goods rose by 1.8% and 1.4% respectively. Intermediate goods increased by 1.4% in the euro area and by 1.0% in the EU27. Non-durable consumer goods fell by 0.2% in the euro area and remained stable in the EU27. Production of energy dropped by 0.7% and 0.3% respectively.

Among the Member States for which data are available, industrial production rose in eighteen, fell in three and remained stable in France. The highest increases were registered in Greece (+5.6%), Lithuania and Slovenia (both +5.2%) and Portugal (+3.8%). The decreases were observed in Ireland (-13.6%), Denmark (-6.6%) and Sweden (-4.0%).

Annual comparison

In August 2010 compared with August 2009, production of capital goods grew by 11.2% in the euro area and by 10.6% in the EU27. Intermediate goods increased by 10.8% and 10.2% respectively. Durable consumer goods rose by 7.3% in the euro area and by 7.6% in the EU27. Non-durable consumer goods gained 4.0% and 4.3% respectively. Production of energy grew by 0.7% in the euro area and by 0.2% in the EU27.

Industrial production rose in all Member States for which data are available, except Greece (-3.0%) and Denmark (-0.9%). The highest increases were registered in Estonia (+22.9%), Latvia (+20.5%), Poland (+13.2%), Luxembourg (+11.8%), Germany and Slovenia (both +11.5%).


Source: Eurostat

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