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Industrial production up by 1.4% in euro area, Eurostat estimates

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In January 2019 compared with December
2018, seasonally adjusted industrial production rose by 1.4% in the euro area (EA19) and by 1.0% in the EU28, according to estimates from Eurostat, the statistical office of the
European Union
. In December 2018, industrial production fell by 0.9% in the
euro area and by 0.4% in the EU28.

In January 2019 compared with January 2018, industrial production decreased by 1.1% in the euro area and by 0.4% in the EU28.

Monthly comparison by main industrial grouping and by
Member State

In the euro
area
in January 2019, compared with December 2018, production of energy
rose by 2.4%, non-durable consumer goods by 2.0%, durable consumer goods by 1.1%,
capital goods by 0.9% and intermediate goods by 0.2%.

In the EU28,
production of energy rose by 1.4%, durable consumer goods by 1.3%, non-durable
consumer goods by 1.0%, capital goods by 0.9% and intermediate goods by 0.3%.

Among Member States for which data are available,
the highest increases in industrial production were registered in Ireland (+15.1%), Croatia (+9.6%) and Slovenia
(+5.9%). The largest decreases were
observed in Denmark (‑8.6%), Latvia (-3.6%) and Romania (-1.5%).

Annual
comparison by main industrial grouping and by Member State

In the euro area in January 2019, compared with January 2018, production of capital goods fell by 3.0%, intermediate goods by 1.8% and durable
consumer goods by 1.2%, while production of non-durable consumer goods rose by 0.7%
and energy by 4.0%.

In the EU28,
production of capital goods fell by 2.4%, intermediate goods by 1.2% and durable
consumer goods by 0.1%, while production of non-durable consumer goods rose by
1.4% and energy by 2.9%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-6.2%), Luxembourg (-4.2%) and Germany (-3.4%). The highest
increases were observed in Slovakia (+7.2%), Poland (+6.1%) and Lithuania
(+5.9%).

Geographical information

The euro area (EA19) includes
Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus,
Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal,
Slovenia, Slovakia and Finland.

The European
Union
(EU28) includes Belgium, Bulgaria, Czechia, Denmark, Germany,
Estonia, Ireland, Greece, Spain, France, Croatia,
Italy, Cyprus,
Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria,
Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United
Kingdom.

Methods and definitions

The index of
industrial production
measures the evolution of the volume of production
for industry excluding construction, based on data adjusted for calendar and
seasonal effects.

Seasonally
adjusted
euro area and EU series are calculated by aggregating
the seasonally adjusted national data. Eurostat carries out the seasonal
adjustment of the data for those countries that do not adjust their data for
seasonal effects.

Total industry covers NACE rev.2 sections B to D. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Revisions and timetable

Compared with data issued in the News Release 28/2019 of 13 February 2019, the monthly percentage change for December 2018 remains unchanged at -0.9% in the euro area and has been revised from -0.5% to -0.4% in the EU28. The annual percentage change remains unchanged at -4.2% in the euro area and has been revised from -2.7% to -2.8% in the EU28.

Issued by: Eurostat Press Office

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