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Eurozone industrial production up 1%

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Up by 0.9% in EU27

In March 2013 compared with February 2013, seasonally adjusted industrial production grew by 1.0% in the euro area (EA17) and by 0.9% in the EU27, according to estimates released by Eurostat, the statistical office of the European Union. In February3 production increased by 0.3% in both zones.
Additionally, in March 2013 compared with March 2012, industrial production decreased by 1.7% in the euro area and by 1.1% in the EU27.

In a statement the European Commission provided research into the montly and annual growth figures:

Monthly comparison

In March 2013 compared with February 2013, production of energy grew by 3.8% in the euro area and by 3.0% in the EU27. Durable consumer goods increased by 1.9% and 2.2% respectively. Capital goods rose by 1.2% in both zones. Intermediate goods fell by 0.1% in the euro area and by 0.2% in the EU27. Non-durable consumer goods dropped by 0.7% and 0.2% respectively.

Among the Member States for which data are available, industrial production rose in sixteen and fell in seven. The highest increases were registered in Portugal (+5.3%), the Netherlands (+4.5%), Luxembourg (+4.0%) and Estonia and Malta (both +3.9%), and the largest decreases in Slovenia (-2.9%), Bulgaria (-2.3%) and Ireland (-2.2%).

Annual comparison

In March 2013 compared with March 2012, production of intermediate goods dropped by 4.6% in the euro area and by 4.0% in the EU27. Capital goods decreased by 3.1% and 2.1% respectively. Non-durable consumer goods fell by 3.1% in the euro area and by 1.8% in the EU27. Durable consumer goods declined by 2.2% and 0.7% respectively. Energy increased by 9.2% in the euro area and by 6.7% in the EU27.

Among the Member States for which data are available, industrial production fell in eleven, rose in eleven and remained stable in the United Kingdom. The largest decreases were registered in Luxembourg (-6.9%), Italy (-5.2%), Ireland (-4.1%) and Bulgaria (-3.6%), and the highest increases in the Netherlands (+11.1%), Lithuania (+8.4%), Estonia (+7.1%) and Malta (+6.0%).

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