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Industrial production down 0.1% in euro area

Staff Writer |
In March 2017 compared with February 2017, seasonally adjusted industrial production fell by 0.1% in the euro area (EA19) and remained stable in the EU28, according to estimates from Eurostat.

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In February 2017 industrial production also fell by 0.1% in the euro area and remained unchanged in the EU28.

In March 2017 compared with March 2016, industrial production increased by 1.9% in the euro area and by 2.4% in the EU28.

The decrease of 0.1% in industrial production in the euro area in March 2017, compared with February 2017, is due to production of energy falling by 3.2%, while production of capital goods rose by 0.2%, intermediate goods by 0.3%, durable consumer goods by 0.9% and non-durable consumer goods by 2.1%.

In the EU28, the stable level of industrial production is due to production of energy falling by 2.8%, while production of capital goods rose by 0.1%, intermediate goods by 0.4%, durable consumer goods by 0.9% and non-durable consumer goods by 1.9%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Lithuania (-3.1%), Greece (-2.0%) and the Netherlands (-1.7%), and the highest increases in Romania (+2.6%), Estonia (+2.4%), Poland (+2.1%) and France (+2.0%).