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Industrial production up by 0.2% in euro area, by 0.1% in EU

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BM.GE
14.07.23 14:26
199
In May 2023, the seasonally adjusted industrial production increased by 0.2% in the euro area and by 0.1% in the EU, compared with April 2023, according to estimates from Eurostat, the statistical office of the European Union. In April 2023, industrial production increased by 1.0% in the euro area and by 0.6% in the EU.

In May 2023 compared with May 2022, industrial production decreased by 2.2% in the euro area and by 1.8% in the EU.

Monthly comparison by main industrial grouping and by Member State

In the euro area in May 2023, compared with April 2023, production of capital goods grew by 1.0%, intermediate goods and durable consumer goods both by 0.5% and non-durable consumer goods by 0.3%, while production of energy fell by 1.1%.

In the EU, production of capital goods grew by 1.0%, non-durable consumer goods by 0.7% and intermediate goods and durable consumer goods both by 0.4%, while production of energy fell by 1.8%.

Among Member States for which data are available, the highest monthly increases were registered in Slovenia (+7.9%), Croatia (+4.3%), Slovakia and Finland (both +2.5%). The largest decreases were observed in Ireland (-4.9%), Lithuania (-2.8%), Romania and Belgium (both -1.2%).

Annual comparison by main industrial grouping and by Member State

In the euro area in May 2023, compared with May 2022, production of energy fell by 6.2%, intermediate goods by 5.4%, durable consumer goods by 5.0% and non-durable consumer goods by 2.8%, while production of capital goods rose by 2.5%.

In the EU, production of energy fell by 7.5%, durable consumer goods by 6.4%, intermediate goods by 6.1% and non-durable consumer goods by 0.3%, while production of capital goods rose by 3.5%.

Among Member States for which data are available, the largest annual decreases were registered in Ireland (-16.2%), Estonia (-12.8%) and Bulgaria (-11.0%). The highest increases were observed in Malta (+12.2%), Denmark (+7.8%) and France (+2.9%).