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- Eurozone industrial production down by 0.4% in July
Eurozone industrial production down by 0.4% in July
According to estimates from Eurostat, in July 2019 compared with June 2019, seasonally adjusted industrial production fell by 0.4% in the euro area (EA19) and by 0.1% in the EU28. Economists had expected a 0.1% decrease in the euro area. In June 2019, industrial production fell by 1.4% in both the euro area and EU28.
In July 2019 compared with July 2018, industrial production decreased by 2.0% in the euro area and by 1.2% in the EU28.
In the euro area in July 2019, compared with June 2019, production of non-durable consumer goods fell by 0.8%, energy by 0.7% and intermediate goods by 0.3%, while production of durable consumer goods rose by 1.2% and capital goods by 1.8%.
In the EU28, production of energy fell by 1.1%, while production of capital goods rose by 1.5%, durable consumer goods by 1.2%, non durable consumer goods by 0.1% and intermediate goods remained stable.
In the euro area in July 2019, compared with July 2018, production of capital goods fell by 3.4%, intermediate goods by 3.0% and energy by 1.4%, while production of non-durable consumer goods rose by 1.5% and durable consumer goods by 1.8%. In the EU28, production of capital goods fell by 2.6%, intermediate goods by 2.2% and energy by 1.7%, while production of durable consumer goods rose by 1.8% and non-durable consumer goods by 2.3%.
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