Euro Area Industrial Production Falls 1.7% in March


In March 2013 compared with March 2012, industrial production decreased by 1.7 percent in the Euro Area and by 1.1 percent in the EU27. In March 2013 compared with February 2013, seasonally adjusted industrial production grew by 1.0 percent in the euro area and by 0.9 percent in the EU27.

In March 2013 compared with March 2012, production of intermediate goods dropped by 4.6 percent in the euro area and by 4.0 percent in the EU27. Capital goods decreased by 3.1 percent and 2.1 percent respectively. Non-durable consumer goods fell by 3.1 percent in the euro area and by 1.8 percent in the EU27. Durable consumer goods declined by 2.2 percent and 0.7 percent respectively. Energy increased by 9.2 percent in the euro area and by 6.7 percent in the EU27.
 
Among the Member States for which data are available, industrial production fell in eleven, rose in eleven and remained stable in the United Kingdom. The largest decreases were registered in Luxembourg (-6.9 percent), Italy (-5.2 percent), Ireland (-4.1 percent) and Bulgaria (-3.6 percent), and the highest increases in the Netherlands (+11.1 percent), Lithuania (+8.4 percent), Estonia (+7.1 percent) and Malta (+6.0 percent).

Eurostat | Nuno Fontes | nuno@tradingeconomics.com
5/14/2013 10:06:41 AM