• Euro Zone industrial production rose less than expected in January

Market news

14 March 2017

Euro Zone industrial production rose less than expected in January

In January 2017 compared with December 2016, seasonally adjusted industrial production rose by 0.9% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December 2016 industrial production fell by 1.2% in the euro area and by 0.7% in the EU28. In January 2017 compared with January 2016, industrial production increased by 0.6% in the euro area and by 1.3% in the EU28.

The increase of 0.9% in industrial production in the euro area in January 2017, compared with December 2016, is due to production of capital goods rising by 2.8% and energy by 1.9%, while production of non-durable consumer goods fell by 0.7% and both intermediate goods and durable consumer goods by 0.4%. In the EU28, the increase of 0.5% is due to production of capital goods rising by 2.4% and energy by 1.5%, while production of non-durable consumer goods fell by 1.5%, durable consumer goods by 0.9% and intermediate goods by 0.4%.

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