Insider Economy Industrial production down by 0.3% in euro area, down by 0.1% in...

Industrial production down by 0.3% in euro area, down by 0.1% in EU28

In March 2019 compared with February 2019, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In February 2019, industrial production fell by 0.1% in the euro area and remained stable in the EU28. In March 2019 compared with March 2018, industrial production decreased by 0.6% in the euro area and increased by 0.4% in the EU28.

In the euro area in March 2019, compared with February 2019, production of non-durable consumer goods fell by 1.0% and energy by 0.3%, while production of intermediate goods rose by 0.1%, capital goods by 0.4% and durable consumer goods by 0.7%. In the EU28, production of non-durable consumer goods fell by 0.5% and energy by 0.2%, while production of intermediate goods remained unchanged, capital goods rose by 0.4% and durable consumer goods by 0.5%. Among Member States for which data are available, the largest decreases in industrial production were registered in Malta (-3.7%), Greece (-2.7%) and Sweden (-2.3%). The highest increases were observed in Lithuania (+3.5%), Denmark (+1.8%) and Slovakia (+1.2%).

In the euro area in March 2019, compared with March 2018, production of energy fell by 7.3%, durable consumer goods by 0.7% and intermediate goods by 0.4%, while production of non-durable consumer goods remained unchanged and capital goods rose by 1.3%. In the EU28, production of non-durable consumer goods rose by 1.7%, capital goods by 1.5%, intermediate goods by 0.8% and durable consumer goods by 0.1%, while production of energy fell by 6.2%. Among Member States for which data are available, the largest decreases in industrial production were registered in Portugal (-7.9%), Malta (-3.6%) and Spain (-3.4%). The highest increases were observed in Ireland (+22.1%), Poland (+8.0%) and Hungary (+7.9%).

(Cyprus News Agency)

Top Stories

Deadline for submission of 5G license applications postponed again

The government has extended for the second time the deadline for the submission of applications in the licensing of establishment and operation of 5G...

Woman run down on pedestrian crossing near University of Cyprus

A young woman early on Tuesday was run down by a car on a pedestrian’s crossing near the University of Cyprus in Aglantzia, Nicosia. She...

UN Spokesman caught off guard when asked about Turkey’s ‘chaotic actions’

UN Secretary General’s Spokesman, Stéphane Dujarric, on Monday was caught off guard when a foreign correspondent asked for a comment on the Turkish President...

Pompeo, Mitsotakis on a visit to Souda base in Crete

The visit to Greece of US Secretary of State Mike Pompeo - the second in just one year - reflects the key role the...

Arson suspected behind Nicosia primary school fire

Arson is suspected to be behind a fire which broke out around 10 in the evening on Monday at Agios Neophytos primary school in...

Taste

Sheftalies

Sheftalies, a very tasty dish from the charcoal grill, are minced meat shaped into small sausages and wrapped in “panna” (suet). Panna is a...

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...

Souvlakia

Pork souvlaki: Put the meat and all the other ingredients in a bowl (not metal) and mix well. Cover the bowl and keep in...

Pastelli (Carob Toffee)

The nutritional sweet of Pastelli is made with the syrup of carob pods, produced by boiling their pulp until it forms a thick, sticky...