Romania, highest industrial production growth in the EU y.o.y. Output down in January by 1.0pc in euro area, down by 0.7pc in EU28

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In January 2018 compared with December 2017, seasonally adjusted industrial production fell by 1.0% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December 2017, industrial production rose by 0.4% in the euro area and by 0.3% in the EU28.

In January 2018 compared with January 2017, industrial production increased by 2.7% in the euro area and by 3.0% in the EU28.

The decrease of 1.0% in industrial production in the euro area in January 2018, compared with December 2017, is due to production of energy falling by 6.6%, durable consumer goods by 1.9% and intermediate goods by 1.0%, while production of capital goods rose by 1.2% and non-durable consumer goods by 0.1%.

In the EU28, the decrease of 0.7% is due to production of energy falling by 3.3%, durable consumer goods by 1.4%, intermediate goods by 0.6% and non-durable consumer goods by 0.3%, while production of capital goods rose by 1.2%. Among Member States for which data are available, the largest decreases in industrial production were registered in the Netherlands (-5.7%), Romania (-2.9%) and Spain (-2.5%), and the highest increases in Portugal (+2.5%), Estonia (+1.9%) and Denmark (+1.8%).

Annual comparison by main industrial grouping and by Member State

The increase of 2.7% in industrial production in the euro area in January 2018, compared with January 2017, is due to production of capital goods rising by 8.5%, intermediate goods by 5.1%, durable consumer goods by 3.8% and non-durable consumer goods by 3.0%, while production of energy fell by 10.4%.

In the EU28, the increase of 3.0% is due to production of capital goods rising by 8.3%, intermediate goods by 5.1%, durable consumer goods by 4.2% and non-durable consumer goods by 2.7%, while production of energy fell by 7.4%.

Among Member States for which data are available, the highest increases in industrial production were registered in Romania (+8.5%), Estonia (+7.7%) and Sweden (+7.1%), and the largest decreases in the Netherlands (-6.6%), Malta (-1.7%) and Greece (-1.6%).

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