• Industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28

Market news

11 April 2017

Industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28

In February 2017 compared with January 2017, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In January 2017 industrial production rose by 0.3% in both zones. In February 2017 compared with February 2016, industrial production increased by 1.2% in the euro area and by 2.1% in the EU28.

The decrease of 0.3% in industrial production in the euro area in February 2017, compared with January 2017, is due to production of energy falling by 4.7% and non-durable consumer goods by 1.1%. Production of durable consumer goods remained stable, while capital goods rose by 0.9% and intermediate goods by 1.0%. In the EU28, the decrease of 0.2% is due to production of energy falling by 3.9% and non-durable consumer goods by 0.9%, while production of durable consumer goods rose by 0.4% and both capital goods and intermediate goods by 0.8%. Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-15.5%), France (-1.6%) and Croatia (-1.5%), and the highest increases in Bulgaria and Slovenia (both +3.6%), Hungary (+3.4%) and Latvia (+3.2%).

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