Industrial production up by 1.8% in the euro area and by 1.3% in the EU
In August 2024, compared with July 2024, seasonally adjusted industrial production increased by 1.8% in the euro area and by 1.3% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In July 2024, industrial production fell by 0.5% in the euro area and by 0.3% in the EU.
In August 2024, compared with August 2023, industrial production increased by 0.1% the euro area and by 0.2% in the EU.
Monthly comparison by main industrial grouping and by Member State
In the euro area in August 2024 compared with July 2024, industrial production
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decreased by 0.3% for intermediate goods,
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increased by 0.4% for energy,
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increased by 3.7% for capital goods,
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increased by 1.7% for durable consumer goods,
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increased by 0.2% for non-durable consumer goods.
In the EU, industrial production
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decreased by 0.2% for intermediate goods,
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increased by 0.2% for energy,
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increased by 3.6% for capital goods,
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increased by 1.4% for durable consumer goods,
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decreased by 0.4% for non-durable consumer goods.
The highest monthly increases were recorded in Ireland (+4.5%), Germany and Lithuania (both +3.3%) as well as in Malta (+2.7).The largest decreases were observed in Luxembourg (-9.2%), Croatia (-4.6%) and Denmark (-4.5%).
Annual comparison by main industrial grouping and by Member State
In the euro area in August 2024, compared with August 2023, industrial production
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decreased by 2.7% for intermediate goods,
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increased by 2.6% for energy,
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increased by 0.2% for capital goods,
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decreased by 4.8% for durable consumer goods,
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increased by 2.0% for non-durable consumer goods.
In the EU, industrial production
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decreased by 2.4% for intermediate goods,
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increased by 2.2% for energy,
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increased by 0.2% for capital goods,
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decreased by 3.9% for durable consumer goods,
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increased by 3.1% for non-durable consumer goods.
The highest annual increases were recorded in Ireland (+15.8%), Denmark (+10.7%) and Slovenia (+7.2%). The largest decreases were observed in Luxembourg (-11.7%), Estonia (-6.0%) and Hungary (-4.2%).
Source: Eurostat
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