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Europe — Industrial production up by 1.8% in the EU in January 2010

15 March 2010
 

According to the latest estimates released by the Statistical Office of the European Union (Eurostat), seasonally adjusted industrial production grew by 1.7% in the sixteen countries who share the Euro as their common currency (EA16) and by 1.8% in the whole European Union (EU27) In January 2010 compared to December 2009.

Compared with January 2009, industrial production increased by 1.4% in the euro area and by 1.5% in the EU27.

In January 2010 compared with December 2009, production of energy increased by 2.6% in the euro area and by 2.2% in the EU27. Durable consumer goods rose by 2.0% and 1.7% respectively. Intermediate goods grew by 1.4% in the euro area and by 0.3% in the EU27. Capital goods fell by 0.3% in the euro area, but gained 0.4% in the EU27. Non-durable consumer goods decreased by 0.3% in the euro area, but rose by 0.5% in the EU27.

The highest increases were registered in Ireland (+15.3%), Bulgaria (+4.9%), Estonia (+4.5%) and Denmark (+3.9%), and the largest falls in Portugal and Finland (both -2.2%), Latvia (-1.6%) and Spain (-1.1%).

In January 2010 compared with January 2009, production of intermediate goods grew by 4.2% in the euro area and by 3.9% in the EU27. Capital goods increased by 0.5% and 1.7% respectively. Non-durable consumer goods remained stable in the euro area and rose by 0.2% in the EU27. Production of energy decreased by 0.6% and 2.4% respectively. Durable consumer goods declined by 1.9% in the euro area, but increased by 1.5% in the EU27.

The highest increases were registered in Malta (+14.3%), Poland (+11.0%), the Czech Republic (+8.0%) and Romania (+6.8%). The largest decreases were registered in Denmark (-9.8%), Lithuania (-5.5%), Greece (-4.4%) and Spain (-2.5%).

To read the full Eurostat release please click here

 

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