• Eurozone industrial production fell more than expected in June

Market news

12 August 2021

Eurozone industrial production fell more than expected in June

According to estimates from Eurostat, in June 2021, the seasonally adjusted industrial production fell by 0.3% in the euro area and by 0.2% in the EU, compared with May 2021. Economists had expected a 0.2% decrease in the euro area. In May 2021, industrial production fell by 1.1% in the euro area and by 0.9% in the EU. In June 2021 compared with June 2020, industrial production increased by 9.7% in the euro area and by 10.5% in the EU. Economists had expected a 10.4% increase in the euro area.

In the euro area in June 2021, compared with May 2021, production of capital goods fell by 1.5% and energy by 0.6%, while production of durable consumer goods and intermediate goods both rose by 0.1% and non-durable consumer goods by 1.6%. In the EU, production of capital goods fell by 1.2% and energy by 0.2%, while production of intermediate goods rose by 0.2%, durable consumer goods by 0.5% and non-durable consumer goods by 1.4%.

In the euro area in June 2021, compared with June 2020, production of durable consumer goods rose by 16.1%, intermediate goods by 15.7%, non-durable consumer goods by 9.8%, capital goods by 6.3% and energy by 2.9%. In the EU, production of durable consumer goods rose by 16.4%, intermediate goods by 16.1%, non-durable consumer goods by 8.9%, capital goods by 8.1% and energy by 3.9%.

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