Seasonally adjusted industrial production rose 0.8% in euro area, 0.7% in EU in April from March; year-over-year, industrial production grew by 1.4% in euro area, 2.1% in EU: Eurostat

Cindy Allen

Cindy Allen

BRUSSELS , June 12, 2014 (press release) – In April 2014 compared with March 2014, seasonally adjusted industrial production1 rose by 0.8% in the euro area2 (EA18) and by 0.7% in the EU282, according to estimates from Eurostat, the statistical office of the European Union. In March 20143 industrial production fell by 0.4% and 0.3% respectively.

In April 2014 compared with April 20134, industrial production grew by 1.4% in the euro area and by 2.1% in the EU28.

The increase of 0.8% in industrial production in the euro area in April 2014, compared with March 2014, is due to production of energy rising by 2.5%, non-durable consumer goods by 2.1% and intermediate goods by 0.6%, while durable consumer goods and capital goods remained almost stable.
In the EU28, the increase of 0.7% is due to production of energy rising by 1.8%, non-durable consumer goods by 1.4%, durable consumer goods by 0.7%, intermediate goods by 0.6% and capital goods by 0.4%.
The highest increases in industrial production were registered in Portugal (+6.7%), Lithuania (+4.9%), the Netherlands (+3.5%) and Hungary (+2.5%), and the only decreases in Malta (-6.0%), Croatia (-2.9%), Denmark (-0.9%), Romania and Finland (both -0.3%).

Annual comparison by main industrial grouping and by Member State
The increase of 1.4% in industrial production in the euro area in April 2014, compared with April 2013, is due to production of non-durable consumer goods rising by 5.0%, intermediate goods by 3.4%, durable consumer goods by 1.0% and capital goods by 0.3%, while energy fell by 6.7%.
In the EU28, the increase of 2.1% is due to production of intermediate goods rising by 4.3%, non-durable consumer goods by 4.2%, durable consumer goods by 2.0% and capital goods by 1.8%, while energy fell by 6.0%.
The highest increases in industrial production were registered in Ireland (+15.0%), Hungary (+10.1%), the Czech Republic (+9.2%) and Portugal (+5.8%), and the largest decreases in Malta (-11.4%), the Netherlands (-3.4%) and Greece (-2.4%).

1. 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: EU-28_EA-18_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
2. The euro area (EA18) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.
The tables also include Norway.
3. Data of previous months have been revised compared to those issued in News Release 75/2014 of 14 May 2014. The monthly growth rates for March 2014 have been revised from -0.3% to -0.4% for the EA18 and from -0.2% to -0.3% for the EU28. The annual growth rates have been revised from -0.1% to +0.2% for the EA18 and from +0.5% to +0.7% for the EU28.
4. Based on data adjusted for working days.

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