According to the data published by Eurostat and the National Institute of Statistics, in August 2012 as compared with July 2012, seasonally adjusted industrial production grew by 0.6% MoM in the euro area and by 0.3% MoM in the EU 27. In July 2012, production increased by 0.6% and 1.0% respectively. In August 2012 as compared with August 2011, industrial production dropped by 2.9% YoY in the euro area and by 1.8% YoY in the EU 27.
In August 2012 as compared with July 2012, production of durable consumer goods increased by 3.9% MoM in the euro area and by 2.4% MoM in the EU 27. Non durable consumer goods grew by 1.3% MoM and 1.0% respectively. Production of energy rose by 0.9% MoM in the euro area and by 0.3% MoM in the EU 27. Capital goods gained 0.7% MoM in the euro area and remained stable in the EU 27. Intermediate goods remained stable in the euro area and fell by 0.1% MoM in the EU 27.
Among the Member States for which data are available, industrial production rose in thirteen, fell in eight and remained stable in Ireland. The highest increases were registered in Portugal (+6.8%), Lithuania (+4.6%), Slovenia (+4.0%) and Greece (+2.5%), and the largest decreases in the Czech Republic (-2.9%), Denmark (-2.8%), Romania and Finland (both -1.1%).
In August 2012 as compared with August 2011, production of intermediate goods declined by 4.9% YoY in the euro area and by 3.8% YoY in the EU 27. Durable consumer goods fell by 4.9% YoY and 2.9% YoY respectively. Capital goods decreased by 1.9% YoY in the euro area and by 0.8% YoY in the EU 27. Non durable consumer goods dropped by 1.4% YoY and 0.8% YoY respectively. Production of energy remained stable in the euro area and fell by 0.5% YoY in the EU 27.
Among the Member States for which data are available, industrial production fell in eleven and rose in eleven. The largest decreases were registered in Italy (-5.2%), Spain (-3.2%) and the Czech Republic (-3.1%), and the highest increases in Slovakia (+17.0%), Lithuania (+11.1%) and Latvia (+8.1%).
Source - Eurostat
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