November 16, 2022
In September 2022, the seasonally adjusted industrial production rose by 0.9% in both the euro area and the EU, compared with August 2022, according to estimates from Eurostat, the statistical office of the European Union. In August 2022, industrial production increased by 2.0% in the euro area and by 1.5% in the EU. In September 2022 compared with September 2021, industrial production increased by 4.9% in the euro area and by 5.7% in the EU.
Monthly comparison by main industrial grouping and by Member State
In the euro area in September 2022, compared with August 2022, production of non-durable consumer goods rose by 3.6% and capital goods by 1.5%, while production of intermediate goods as well as durable consumer goods fell by 0.9% and energy by 1.1%.
In the EU, production of non-durable consumer goods rose by 3.1% and capital goods by 1.7%, while production of intermediate goods as well as durable consumer goods fell by 0.6% and energy by 2.0%.
Among Member States for which data are available, the highest monthly increases were registered in Ireland (+11.9%), Belgium (+7.1%) as well as in Hungary and the Netherlands (both +1.6%). The largest decreases were observed in Lithuania (-8.2%), Greece (-4.5%) and Estonia (-3.6%).
Annual comparison by main industrial grouping and by Member State
In the euro area in September 2022, compared with September 2021, production of capital goods rose by 13.5%, non-durable consumer goods by 5.7% and durable consumer goods by 3.6%, while production of intermediate goods fell by 2.1% and energy by 3.0%.
In the EU, production of capital goods rose by 14.3%, non-durable consumer goods by 8.4% and durable consumer goods by 1.8%, while production of intermediate goods fell by 1.4% and energy by 2.8%. Among Member States for which data are available, the highest annual increases were registered in Ireland (+31.0%), Denmark (+19.0%) and Malta (+14.2%). The largest decreases were observed in Estonia (-7.5%), Latvia (-3.7%) and Slovakia (-1.9%).
Source: Eurostat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
