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- Eurozone industrial production increased more than forecast in May
Eurozone industrial production increased more than forecast in May
According to estimates from Eurostat, in May 2019 compared with April 2019, seasonally adjusted industrial production rose by 0.9% in the euro area (EA19) and by 0.8% in the EU28. Economists had expected a 0.2% increase of industrial production. In April 2019, industrial production fell by 0.4% in the euro area and by 0.6% in the EU28.
In May 2019 compared with May 2018, industrial production decreased by 0.5% in the euro area and increased by 0.4% in the EU28.
In the euro area in May 2019, compared with April 2019, production of non-durable consumer goods rose by 2.7%, durable consumer goods by 2.3%, capital goods by 1.3% and energy by 0.7%, while production of intermediate goods fell by 0.2%. In the EU28, production of capital goods rose by 1.9%, durable consumer goods by 1.7%, non-durable consumer goods by 1.5% and energy by 1.3%, while production of intermediate goods fell by 0.1%.
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