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Image header Agence Europe
Europe Daily Bulletin No. 10887
ECONOMY - FINANCE - BUSINESS / (ae) economy

Industrial production falls in May

Brussels, 12/07/2013 (Agence Europe) - Industrial production fell by 0.3% in May in the eurozone, according to figures released by the EU's statistical office, Eurostat, on Friday 12 July, after three consecutive months of growth. In April, industrial production grew by 0.5% according to the revised figures (previously 4%). The fall in May is largely due to the fall in the production of durable consumer goods (by 2.3%). While capital goods fell by 1.5% the falls were partially covered by rises in energy production (by 0.1%), intermediate goods (by 0.4%) and non-durable consumer goods (0.6%). Of the eurozone countries for which information is available, the biggest falls were in Ireland (-2.7%) and Greece (-2.1%), and the biggest rises in Portugal (6.1%) and Estonia (2.0%). In the EU28, industrial production fell by 0.6% in May on April 2013. Compared with May 2012, it was down by 1.3% in the eurozone and 1.6% in the EU28. (LC/transl.fl)

 

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
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