• Eurozone industrial production rose more than expected in April

Market news

14 June 2021

Eurozone industrial production rose more than expected in April

According to the report from Eurostat, in April 2021, the seasonally adjusted industrial production grew by 0.8% in the euro area and by 0.5% in the EU, compared with March 2021. Economists had expected a 0.4% increase in the euro area. In March 2021, industrial production rose by 0.4% in the euro area and by 0.8% in the EU.

In April 2021 compared with April 2020, industrial production increased by 39.3% in the euro area and by 38.7% in the EU. Economists had expected a 37.4% increase in the euro area.

In the euro area in April 2021, compared with March 2021, production of durable consumer goods rose by 3.4%, energy by 3.2%, capital goods by 1.4% and intermediate goods by 0.8%, while the production of non-durable consumer goods fell by 0.3%. In the EU, production of durable consumer goods and energy rose by 2.9%, capital goods by 0.8%, intermediate goods by 0.5%, while the production of non-durable consumer goods fell by 0.7%.

In the euro area in April 2021, compared with April 2020, production of durable consumer goods rose by 117.3%, capital goods by 65.4%, intermediate goods by 38.7%, non-durable consumer goods by 15.4% and energy by 14.4%. In the EU, production of durable consumer goods rose by 110.4%, capital goods by 67.5%, intermediate goods by 36.9%, non-durable consumer goods by 14.0% and energy by 13.8%.

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