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Industrial Production up by 1.3% in Euro Area in March 2010
added: 2010-05-13

In March 2010 compared with February 2010, seasonally adjusted industrial production grew by 1.3% in the euro area (EA16) and by 1.2% in the EU27. In February production increased by 0.7% and 0.5% respectively.

In March 2010 compared with March 2009, industrial production increased by 6.9% in the euro area and by 6.0% in the EU27.

Monthly comparison

In March 2010 compared with February 2010, production of capital goods grew by 1.5% in the euro area and by 1.2% in the EU27. Non-durable consumer goods rose by 1.2% and 1.1% respectively. Durable consumer goods increased by 0.6% in the euro area and remained stable in the EU27. Intermediate goods gained 0.5% and 0.8% respectively. Production of energy decreased by 0.6% in the euro area and by 0.2% in the EU27.

Among the Member States for which data are available, industrial production rose in seventeen and fell in four. The highest increases were registered in Latvia (+9.9%), Portugal (+7.2%), Bulgaria (+4.2%) and Estonia (+3.8%), and the largest decreases in Ireland (-2.6%) and the Netherlands (-2.0%).

Annual comparison

In March 2010 compared with March 2009, production of intermediate goods grew by 11.7% in the euro area and by 10.6% in the EU27. Production of energy increased by 4.9% and 2.9% respectively. Non-durable consumer goods rose by 4.6% in the euro area and by 3.2% in the EU27. Capital goods gained 4.5% and 4.9% respectively. Durable consumer goods grew by 2.2% in the euro area and by 3.8% in the EU27.

Among the Member States for which data are available, industrial production rose in eighteen and fell only in Greece (-4.5%), Denmark (-1.9%) and Bulgaria (-0.4%). The highest increases were registered in Estonia (+11.6%), Latvia (+11.4%), Poland (+11.2%) and Germany (+9.1%).


Source: Eurostat

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