• Eurozone industrial production fell sharply in July

Market news

14 August 2019

Eurozone industrial production fell sharply in July

According to estimates from Eurostat, in June 2019 compared with May 2019, seasonally adjusted industrial production fell by 1.6% in the euro area (EA19) and by 1.5% in the EU28. In May 2019, industrial production rose by 0.8% in the euro area and by 0.9% in the EU28. In June 2019 compared with June 2018, industrial production decreased by 2.6% in the euro area and by 1.9% in the EU28.

In the euro area in June 2019, compared with May 2019, production of capital goods fell by 4.0%, non-durable consumer goods by 2.8%, durable consumer goods by 1.2%, intermediate goods by 0.8% and energy by 0.2%. In the EU28, production of capital goods fell by 3.5%, non-durable consumer goods by 2.2%, durable consumer goods by 1.4%, intermediate goods by 0.9% and energy by 0.4%.

In the euro area in June 2019, compared with June 2018, production of capital goods fell by 4.4%, intermediate goods by 2.6%, durable consumer goods by 1.0% and energy by 0.1%, while production of non-durable consumer goods rose by 0.1%. In the EU28, production of capital goods fell by 3.7%, intermediate goods by 2.0% and durable consumer goods by 0.5%, while production of non-durable consumer goods rose by 0.2% and energy by 0.6%.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.