News Markets Media

USA | Europe | Asia | World| Stocks | Commodities

Home News Europe Industrial production up by 0.4% in euro area


Industrial production up by 0.4% in euro area
added: 2007-05-14

Seasonally adjusted industrial production increased by 0.4% in the euro area (EA13) in March 2007 compared with February 2007. Production rose by 0.5% in February and fell by 0.6% in January. In the EU27 output gained 0.5% in March, after an increase of 0.4% in February and a decrease of 0.5% in January. In March 2007 compared with March 2006, industrial production rose by 3.7% in the euro area and by 3.9% in the EU27.



Monthly comparison

In March 2007 compared with February 2007 production of non-durable consumer goods increased by 0.7% in both the euro area and the EU27. Intermediate goods rose by 0.5% in both zones. Production of energy grew by 0.5% in the euro area and by 0.4% in the EU27. Capital goods remained stable in the euro area and gained 0.1% in the EU27. Durable consumer goods fell by 0.2% in the euro area, but rose by 0.4% in the EU27.

In March 2007, and among the Member States for which data are available, industrial production rose in thirteen Member States, fell in six and remained stable in Bulgaria and the Netherlands. The highest increases were registered in Denmark (+2.6%), Portugal (+2.5%) and Slovenia (+2.1%), while the largest decreases were recorded in Latvia (-5.1%), Ireland (-2.3%) and Greece (-0.7%).

Annual comparison

In March 2007 compared with March 2006, production of capital goods increased by 6.4% in the euro area and by 7.0% in the EU27. Intermediate goods grew by 6.4% and 6.5% respectively. Durable consumer goods gained 4.0% in the euro area and 4.8% in the EU27. Non-durable consumer goods rose by 3.1% and 2.5% respectively. Production of energy fell by 7.3% in the euro area and by 6.1% in the EU27.

In March 2007, and among the Member States for which data are available, industrial production rose in seventeen Member States and fell in four. The highest increases were registered in Poland (+13.6%), Slovakia (+12.6%), Slovenia (+11.5%) and Bulgaria (+10.0%), while decreases were recorded in Latvia (-8.5%), Lithuania (-4.8%), the Netherlands (-2.0%) and Finland (-0.8%).


Source: European Commission

Privacy policy . Copyright . Contact .