Home / Metals / Industrial production down by 0.3pct in euro area – Eurostat
Stainless Steel Flanges

Industrial production down by 0.3pct in euro area – Eurostat

According to estimates from Eurostat, In June 2014 compared with May 2014, seasonally adjusted industrial production fell by 0.3% in the euro area (EA18) and by 0.1% in the EU282, the statistical office of the European Union. In May 2014 industrial production decreased by 1.1% in both zones.

In June 2014 compared with June 20134, industrial production remained stable in the euro area and rose by 0.7% in the EU28.

Monthly comparison by main industrial grouping and by Member State;
The decrease of 0.3% in industrial production in the euro area in June 2014, compared with May 2014, is due to production of non durable consumer goods falling by 1.9% and energy by 0.7%. Capital goods remained stable, while intermediate goods rose by 0.4% and durable consumer goods by 2.3%.

In the EU28, the decrease of 0.1% is due to non-durable consumer goods falling by 1.4% and energy by 0.6%, while capital goods increased by 0.2%, intermediate goods by 0.4% and durable consumer goods by 1.8%. The largest decreases in industrial production were registered in Ireland (-16.5%), the Netherlands (-3.0%) and Lithuania (-2.7%), and the highest increases in Malta (+5.2%), Denmark (+2.4%) and Hungary (+1.8%).

Annual comparison by main industrial grouping and by Member State;
The stable industrial production in the euro area in June 2014, compared with June 2013, is due to production of non durable consumer goods rising by 1.7% and intermediate goods by 0.2%, while capital goods fell by 0.1%, durable consumer goods by 1.8% and energy by 3.4%.

In the EU28, the increase of 0.7% is due to production of non-durable consumer goods rising by 1.5%, intermediate goods by 1.1% and capital goods by 0.8%, while durable consumer goods fell by 0.4% and energy by 2.9%. The highest increases in industrial production were registered in Hungary (+11.3%), Romania (+9.9%) and Slovakia (+7.5%), and the largest decreases in Greece (-6.9%), Malta (-3.8%) and Latvia (-2.0%).

Source – Strategic Research Institute

(www.nctv.net)

About www.nctv.net

www.yaang.com provide a wide range of steel products as Steel pipe, Steel pipes and seamless pipes, Alloy pipes, Pipe fittings, Composite steel pipe used in the industry, construction etc.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Scroll To Top