Euro-area seasonally adjusted industrial production falls 0.5% in September from August, rises 1.1% year-over-year; in EU, industrial production down 0.2% from August, up 1.2% year-over-year: Eurostat

Cindy Allen

Cindy Allen

Nov 13, 2013 – Eurostat

BRUSSELS , November 13, 2013 (press release) – In September 2013 compared with August 2013, seasonally adjusted industrial production1 fell by 0.5% in the euro area2 (EA17) and by 0.2% in the EU282, according to estimates from Eurostat, the statistical office of the European Union. In August3 industrial production increased by 1.0% and 0.6% respectively.

In September 2013 compared with September 20124, industrial production rose by 1.1% in the euro area and by 1.2% in the EU28.
Figures and graphics available in PDF and WORD PROCESSED

Monthly comparison

In September 2013 compared with August 2013, production of durable consumer goods fell by 2.6% in the euro area and by 1.6% in the EU28. Capital goods decreased by 1.0% and 0.2% respectively. Intermediate goods dropped by 0.8% in the euro area and by 0.5% in the EU28. Non-durable consumer goods declined by 0.2% in the euro area, but rose by 0.4% in the EU28. Energy increased by 1.3% and 0.4% respectively.

Among the Member States for which data are available, industrial production fell in twelve and rose in thirteen. The largest decreases were registered in Portugal (-11.2%), Luxembourg (-4.1%), Croatia (-3.3%) and the Czech Republic (-2.8%), and the highest increases in Ireland (+2.9%), Romania (+2.4%), Hungary (+1.8%) and Poland (+1.4%).

Annual comparison

In September 2013 compared with September 2012, production of non-durable consumer goods grew by 2.2% in the euro area and by 1.7% in the EU28. Intermediate goods rose by 0.9% and 1.0% respectively. Capital goods increased by 0.8% in the euro area and by 1.9% in the EU28. Energy dropped by 0.5% and 1.1% respectively. Durable consumer goods fell by 1.3% in the euro area and by 1.1% in the EU28.

Among the Member States for which data are available, industrial production rose in sixteen and fell in nine. The highest increases were registered in Ireland (+11.7%), Romania (+8.9%), Slovakia (+7.5%) and Poland (+5.6%), and the largest decreases in Luxembourg (-4.0%), Croatia (-3.9%) and Italy (-3.0%).

The index of industrial production measures the evolution of the volume of production for industry excluding construction, based on data adjusted for working day and seasonal effects. Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data. Eurostat carries out the seasonal adjustment of the data for those countries that do not adjust their data for seasonal effects. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU.

The weights of the Member States in the EU and euro area aggregates can be found at:

https://circabc.europa.eu/w/browse/5e6d1e48-056c-4c6a-8278-3ab138bcf575

See file: EU28_EA17_NEWS_RELEASE_WEIGHTINGS_2010

More detailed data can be found in the short-term statistics database on the Eurostat website:

http://epp.eurostat.ec.europa.eu/portal/page/portal/short_term_business_statistics/data/database

The euro area (EA17) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU28) includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Croatia (HR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).

The tables also include Norway (NO).

Data of previous months have been revised compared to those issued in the News Release 145/2013 of 14 October 2013. The monthly growth rate for August 2013 remains unchanged at +1.0% in the EA17 and has been revised from +0.5% to +0.6% in the EU28. The annual growth rates have been revised from -2.1% to -1.1% in the EA17 and from -1.6% to -1.0% in the EU28.

Based on data adjusted for working days.

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