Euro area industrial output down 0.2 percent in February from January

Release time：May 07, 2019 From：ADMIN

In February this year, seasonally-adjusted industrial production decreased by 0.2 percent in the euro area, while remaining unchanged in the EU-28, as compared with January. Industrial production in January had increased by 1.9 percent in the euro area and by 1.3 percent in the EU-28, on month-on-month basis. In February this year compared with January 2018, industrial production fell by 0.3 percent in the euro area and increased by 0.3 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.

As compared to January, in February this year the production of capital goods fell by 0.4 percent in the euro area and 0.2 percent in the EU-28, while the production of non-durable consumer goods increased by 0.9 percent in the euro area and by 0.7 percent in the EU-28. In February this year, the production of energy was down by three percent in the euro area and by 2.2 percent in the EU-28, and the production of durable goods declined by 0.4 percent in the euro area and remained unchanged in the EU-28, all month on month. Meanwhile, the production of intermediate goods fell by 0.1 percent in the euro area and rose by 0.2 percent in the EU-28, month on month.

Among the member states, in February the highest month-on-month increases were registered in Poland (1.7%), Bulgaria (1.5%) and Hungary (1.0%), and the highest decreases in Lithuania (4.7%), Greece (2.7%) and Croatia (2.3%).

As compared to the same month of 2018, in February 2019 production of energy decreased by 5.9 percent in the euro area and by 4.4 percent in the EU-28. In the same month, production of intermediate goods fell by 0.6 percent in the euro area and rose by 0.4 percent in the EU-28, and production of capital goods moved up by 0.5 percent both in the euro area and in the EU-28, all year on year. In February this year, production of non-durable consumer goods rose by 2.8 percent in the euro area and by 3.1 percent in the EU-28 and production of durable consumer goods was up by 0.2 percent in the euro area and by 0.7 percent in the EU-28, all year-on-year basis.

Among the member states for which data are available, in February the largest year-on-year decreases in industrial production were registered in Latvia (3.1%), Portugal (2.9%) and Germany (2.0%), while the highest increases were observed in Poland (6.8%), Bulgaria (6.6%) and Hungary (5.9%).