Industrial production down by 1.0% in euro area and by 0.9% in the EU

Last Updated on Wednesday, 14 April, 2021 at 11:34 am by Andre Camilleri

In February 2021, the seasonally adjusted industrial production fell by 1.0% in the euro area and by 0.9% in the EU, compared with January 2021, according to estimates from Eurostat, the statistical office of the European Union. In January 2021, industrial production rose by 0.8% in the euro area and in the EU.

In February 2021 compared with February 2020, industrial production decreased by 1.6% in the euro area and by 1.1% in the EU.

Monthly comparison by main industrial grouping and by Member State

In the euro area in February 2021, compared with January 2021, production of capital goods fell by 1.9%, energy by 1.2%, durable consumer goods by 1.1%, intermediate goods by 0.7% and non-durable consumer goods by 0.1%.

In the EU, production of capital goods fell by 1.9%, durable consumer goods by 1.0%, energy by 0.7%, intermediate goods by 0.6% and non-durable consumer goods by 0.1%.

Among Member States for which data are available, the largest decreases were registered in France (-4.8%), Malta (-3.8%) and Greece (-2.5%). The highest increases were observed in Hungary (+4.8%), Ireland (+4.2%)and Croatia (+3.4%).

Annual comparison by main industrial grouping and by Member State

In the euro area in February 2021, compared with February 2020, production of non-durable consumer goods fell by 4.3%, capital goods by 2.2%, energy by 1.5% and intermediate goods by 0.1%, while production of durable consumer goods rose by 0.7%.

In the EU, production of non-durable consumer goods fell by 3.8%, capital goods by 2.4% and energy by 1.5%, while production of intermediate goods rose by 0.5% and durable consumer goods by 2.4%.

Among Member States for which data are available, the largest decreases were registered in Malta (‑10.9%),Estonia (-8.9%) and France (-6.4%). The highest increases were observed in Ireland (+41.4%), Lithuania (+9.7%)and Finland (+5.6%).

- Advertisement -