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12.07.2019 09:18

Eurozone industrial production increased more than forecast in May

According to estimates from Eurostat, in May 2019 compared with April 2019, seasonally adjusted industrial production rose by 0.9% in the euro area (EA19) and by 0.8% in the EU28. Economists had expected a 0.2% increase of industrial production. In April 2019, industrial production fell by 0.4% in the euro area and by 0.6% in the EU28.

In May 2019 compared with May 2018, industrial production decreased by 0.5% in the euro area and increased by 0.4% in the EU28.

In the euro area in May 2019, compared with April 2019, production of non-durable consumer goods rose by 2.7%, durable consumer goods by 2.3%, capital goods by 1.3% and energy by 0.7%, while production of intermediate goods fell by 0.2%. In the EU28, production of capital goods rose by 1.9%, durable consumer goods by 1.7%, non-durable consumer goods by 1.5% and energy by 1.3%, while production of intermediate goods fell by 0.1%.

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