Eurozone industrial production slows down
Eurozone’s seasonally adjusted industrial production fell by 0.3% in June compared with the previous month, according to Eurostat, the EU’s statistical office. However, looking at the same period of 2013, industrial production remained stable in the eurozone and rose by 0.7% in the EU28 area.
According to Eurostat, the monthly drop in industrial production was due to production of non-durable consumer goods falling by 1.9% and energy by 0.7%. Capital goods remained stable, while intermediate goods rose by 0.4% and durable consumer goods by 2.3%.
The largest decreases in industrial production were registered in Ireland (-16.5%), the Netherlands (-3.0%) and Lithuania (-2.7%), and the highest increases in Malta (+5.2%), Denmark (+2.4%) and Hungary (+1.8%).