Industrial production up by 1.4% in euro area

March 20, 2019
1 min read

The FINANCIAL – In January 2019 compared with December 2018, seasonally adjusted industrial production rose by 1.4% in the euro area (EA19) and by 1.0% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December 2018, industrial production fell by 0.9% in the euro area and by 0.4% in the EU28.

In January 2019 compared with January 2018, industrial production decreased by 1.1% in the euro area and by 0.4% in the EU28.

Monthly comparison by main industrial grouping and by Member State

In the euro area in January 2019, compared with December 2018, production of energy rose by 2.4%, non-durable consumer goods by 2.0%, durable consumer goods by 1.1%, capital goods by 0.9% and intermediate goods by 0.2%.
In the EU28, production of energy rose by 1.4%, durable consumer goods by 1.3%, non-durable consumer goods by 1.0%, capital goods by 0.9% and intermediate goods by 0.3%.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+15.1%), Croatia (+9.6%) and Slovenia (+5.9%). The largest decreases were observed in Denmark (-8.6%), Latvia (-3.6%) and Romania (-1.5%).

Annual comparison by main industrial grouping and by Member State
In the euro area in January 2019, compared with January 2018, production of capital goods fell by 3.0%, intermediate goods by 1.8% and durable consumer goods by 1.2%, while production of non-durable consumer goods rose by 0.7% and energy by 4.0%.
In the EU28, production of capital goods fell by 2.4%, intermediate goods by 1.2% and durable consumer goods by 0.1%, while production of non-durable consumer goods rose by 1.4% and energy by 2.9%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-6.2%), Luxembourg (-4.2%) and Germany (-3.4%). The highest increases were observed in Slovakia (+7.2%), Poland (+6.1%) and Lithuania (+5.9%).

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