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June industrial production fall in euro area

20 Aug '07
2 min read

Seasonally adjusted industrial production1 decreased by 0.1% in the euro area2 (EA13) in June 2007 compared with May 2007. Production grew by 1.0% in May3 and fell by 0.9% in April. In the EU272 output remained unchanged in June, after an increase of 0.7% in May3 and a decrease of 0.5% in April.

In June 2007 compared with June 2006, industrial production rose by 2.3% in the euro area and by 2.5% in the EU27. These estimates are released by Eurostat, the Statistical Office of the European Communities.

Monthly comparison:
In June 2007 compared with May 2007, intermediate goods and production of energy increased by 0.3% in both zones. Capital goods remained stable in the euro area, but fell by 0.1% in the EU27. Durable consumer goods decreased by 0.1% in the euro area, but increased by 0.9% in the EU27. Non-durable consumer goods dropped by 0.3% and 0.2% respectively.

In June 2007, and among the Member States for which data are available, industrial production rose in twelve Member States, fell in eight and remained stable in Portugal.

The highest increases were registered in Bulgaria (+4.1%), the Netherlands (+2.9%) and Slovenia (+2.5%), while the largest decreases were recorded in Romania (-2.1%), Estonia (-1.2%) and Ireland (-0.7%).

Annual comparison:
In June 2007 compared with June 2006, production of capital goods increased by 4.2% in the euro area and by 4.9% in the EU27. Intermediate goods grew by 2.7% and 2.9% respectively.

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