Market news
14.06.2017, 09:53

Euro area industrial production up 0.5% mainly due to production of energy rising by 4.7%

In April 2017 compared with March 2017, seasonally adjusted industrial production rose by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March 2017 industrial production rose by 0.2% in euro area and by 0.3% in the EU28. In April 2017 compared with April 2016, industrial production increased by 1.4% in both the euro area and the EU28.

The increase of 0.5% in industrial production in the euro area in April 2017, compared with March 2017, is due to production of energy rising by 4.7%, durable consumer goods by 0.6%, non-durable consumer goods by 0.2% and intermediate goods by 0.1%, while production of capital goods fell by 0.7%. In the EU28, the increase of 0.2% is due to production of energy rising by 3.6% and non-durable consumer goods by 0.2%, while production of durable consumer goods fell by 0.1% and capital goods by 0.8%. Production of intermediate goods remained stable.

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