Analytics, EU – Baltic States, Industry, Statistics

International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 09:02

Industrial production up by 0.2% in both euro area and EU28

BC, Riga, 12.12.2018.Print version
In October 2018 compared with September 2018, seasonally adjusted industrial production rose by 0.2% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2018, industrial production fell by 0.6% in the euro area and by 0.4% in the EU28, reported Eurostat,

In October 2018 compared with October 2017, industrial production increased by 1.2% in the euro area and by 1.3% in the EU28. 




Monthly comparison by main industrial grouping and by Member State

In the euro area in October 2018, compared with September 2018, production of capital goods rose by 1.0%, durable consumer goods by 0.4% and intermediate goods by 0.2%, while production of non-durable consumer goods remained stable and the production of energy fell by 1.7%. In the EU28, production of capital goods rose by 0.8%, durable consumer goods by 0.6%, and intermediate goods and non-durable consumer goods by 0.3%, while production of energy fell by 1.4%.


 Among Member States for which data are available, the highest increases in industrial production were registered in Lithuania (+7.4%), Slovenia (+2.5%), Hungary and Sweden (both +2.1%). 

The largest decreases were observed in Finland (-2.6%), Greece (-1.5%), Latvia (-1.2%) and Czechia (-1.1%).


Annual comparison by main industrial grouping and by Member State

In the euro area in October 2018, compared with October 2017, production of capital goods rose by 3.7% and nondurable consumer goods by 1.2%, while production of durable consumer goods remained stable. The production of intermediate goods fell by 0.4% and energy by 3.1%. 


In the EU28, production of capital goods rose by 3.3%, non-durable consumer goods by 1.5%, durable consumer goods by 1.2% and intermediate goods by 0.1%, while production of energy fell by 1.7%.

 Among Member States for which data are available, the highest increases in industrial production were registered in Lithuania (+9.2%), Ireland (+6.1%) and Poland (+5.0%). T

he largest decreases were observed in Croatia (-2.4%), Latvia (-1.9%) and Greece (-1.0%).






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