Industrial production up by 0.5% in euro area

The FINANCIAL — In April 2017 compared with March 2017, seasonally adjusted industrial production rose by 0.5% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In March 2017 industrial production rose by 0.2% in euro area and by 0.3% in the EU28.

In April 2017 compared with April 2016, industrial production increased by 1.4% in both the euro area and the EU28.

Hino Motors, a Toyota Subsidiary, Agrees to Plead Guilty and Pay Over $1.6B to Resolve Emissions Fraud Scheme

Who Is the Owner of QI Company? A Look at the QI Group’s Leadership Shaping Its Future

Chinese Nationals Plead Guilty in Fraudulent Gift Card Conspiracy Involving the Purchase and Export of Apple Products to China

FTC Takes Action Against GoDaddy for Alleged Lax Data Security for Its Website Hosting Services

Monthly comparison by main industrial grouping and by Member State

The increase of 0.5% in industrial production in the euro area in April 2017, compared with March 2017, is due to production of energy rising by 4.7%, durable consumer goods by 0.6%, non-durable consumer goods by 0.2% and intermediate goods by 0.1%, while production of capital goods fell by 0.7%.

In the EU28, the increase of 0.2% is due to production of energy rising by 3.6% and non-durable consumer goods by 0.2%, while production of durable consumer goods fell by 0.1% and capital goods by 0.8%. Production of intermediate goods remained stable.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+7.7%), Malta (+2.9%) and Portugal (+2.0%), and the largest decreases in Slovakia (-10.9%), Luxembourg (-3.1%) and Greece (-2.9%).

Annual comparison by main industrial grouping and by Member State

The increase of 1.4% in industrial production in the euro area in April 2017, compared with April 2016, is due to production of durable consumer goods rising by 4.6%, intermediate goods by 3.0%, capital goods by 1.0% and non-durable consumer goods by 0.6%, while production of energy fell by 0.1%.

In the EU28, the increase of 1.4% is due to production of intermediate goods rising by 3.8%, durable consumer goods by 3.7%, capital goods by 1.7% and non-durable consumer goods by 0.2%, while production of energy fell by 0.9%.

Among Member States for which data are available, the highest increases in industrial production were registered in Latvia (+9.6%), Estonia (+9.5%) and Slovenia (+7.8%), and the largest decreases in Luxembourg (-3.3%) and Slovakia (-3.2%).