EU industrial production up by 3.2% y-o-y in June 2022

In the euro area in June 2022, compared with June 2021, production of capital goods rose by 7.6 per cent, durable consumer goods by 4.0 per cent and energy remained stable at 0.0 per cent, while production of intermediate goods fell by 0.5 per cent and non-durable consumer goods by 1.1 per cent, Eurostat data showed. The euro area (EA19) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

In the EU in June 2022, compared with June 2021, production of capital goods rose by 7.5 per cent, non-durable consumer goods by 2.6 per cent, durable consumer goods as well as energy by 2.4 per cent, and production of intermediate goods remained stable at 0.0 per cent.

Among Member States for which data are available, the highest annual increases were registered in Ireland (+25.4 per cent), Denmark (+25.0 per cent) and Bulgaria (+17.4 per cent). The largest decreases were observed in Belgium (-11.6 per cent), Slovakia (-5.7 per cent) and Romania (-3.7 per cent).

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

ALCHEMPro News Desk (RKS)