Last Updated 14 | 08 | 2012 at 11:26

News

0.3% fall in industrial production

Article By:
di-ve.com news
editorial@di-ve.com

Industrial production in Malta fell by 0.3% during June 2012 according to estimates released by Eurostat.

Also in June 2012, seasonally adjusted industrial production fell by 0.6% in the euro area and by 0.9% in the EU27. In May, production rose by 0.9% and 0.8%, respectively.

In June 2012 compared with June 2011, industrial production dropped by 2.1% in the euro area and by 2.2% in the EU27.

These statistics also show that in June 2012 compared with May 2012, production of capital goods dropped by 1.3% in both the euro area and the EU27. Non-durable consumer goods decreased by 0.7% and 1% respectively. Intermediate goods declined by 0.4% in the euro area and by 1% in the EU27. Durable consumer goods grew by 0.2% in the euro-area, but fell by 1.1% in the EU27. Production of energy rose by 0.4% in the euro-area, but decreased by 0.2% in the EU27.

Among the Member States for which data are available, industrial production decreased in sixteen and rose in five. The largest decreases were registered in the United Kingdom (-2.5%), Poland (-2%), Estonia (-1.7%) and Italy (-1.4%), and the highest increases in Lithuania (+18.6%), Slovenia (+2.9%) and Ireland (+2.7%).

June 2012 compared to June 2011, production of intermediate goods dropped by 3.7% in the euro area and by 3.5% in the EU27. Durable consumer goods fell by 2.0% and 2.5%, respectively. Non-durable consumer goods decreased by 2.0% in in the euro area and by 1.5% in the EU27. Capital goods declined by 0.9% and 1% respectively. Production of energy fell by 0.4% in the euro area and by 1.7% in the EU27.

Among the Member States for which data are available, industrial production fell in twelve, rose in eight and remained stable in Greece. The largest decreases were registered in Italy (-8.2%), Spain (-6.3%), the United Kingdom (-4.6%) and Portugal (-4.4%), and the highest increases in Ireland (+9.5%), Latvia (+5.4%) and Slovenia (+2.8%).

Please sign in or register to post comments.