LUXEMBOURG (Dow Jones) – Industrial production in the Euro zone fell in June on a monthly view surprising. The Production ( excluding construction ) fell by seasonally adjusted 0.1% compared to May back , as Eurostat announced on Thursday. ( Reuters photo 🙂
Economists , however, had on average expected a rise in a single month by 0.5 %. Compared to the Same month last year , industrial production rose by 8.2 % in the euro area . Economists had forecast a rise of 9.1 %. In May, the Industrial production over the previous month revised 1.1% ( provisional: plus 0.9 % ) has grown and the year was 9.9% ( provisional: plus 9.4 %) increased.
Across the EU , industrial production remained unchanged in June at Monthly view stable and increased from the previous year by 7.7 %. In the May was a monthly increase of revised 1.3% ( provisional: up 1.0 %) and an increase of the year was 9.2 % (provisional : plus 8.7%) been registered .
Compared to the previous month decreased the production of Durable goods in June in the euro area by 0.9 % in the EU27 by 0.8 %. Intermediate goods grew by 0.6 % and 0.4 %. The Production of consumer goods fell by 0.1 % in the euro area rose but in the EU -27 by 0.1 %. Capital goods rose by 0.2 % and 0.1 %. The production in the energy sector declined in the euro area to 0.3% , but fell in the EU -27 by 0.4 %.
Compared to the same month last year increased the production Intermediate goods increased by 11.7 % in the euro area and in the entire EU 11.2%. The Poduktion of capital goods rose by 8.6 % in both Areas. Durable consumer goods rose by 7.6% in euro area and by 9.0 % in the EU -27. In the energy sector was a Production increase by 6.1 % and 4.0 % recorded. The production of Consumer goods showed an increase of 3.0 % in the euro area and by 3.3 % in EU -27 .
DJG / sgs / mle / mrf