In May 2014, compared with April 2014, seasonally adjusted industrial production1 fell by 1.1 percent in both the euro area and the European Union, according to estimates from Eurostat, the statistical office of the European Union.
© DELFI / Kiril Čachovskij

In April 2014, industrial production rose by 0.7 percent in both zones.

In May 2014, compared with May 2013, industrial production grew by 0.5 percent in the euro area and by 1.1 percent in the EU.

In May 2014, compared with April 2014, industrial production in Lithuania increased by 1.6 percent.

In May 2014, compared with May 2013, industrial production in Lithuania increased by 10.2 percent.

The decrease of 1.1 percent in industrial production in the euro area in May 2014, compared with April 2014, is due to production of intermediate goods falling by 2.4 percent, non-durable consumer goods by 2.2 percent, durable consumer goods by 1.8 percent and capital goods by 0.5 percent, while energy increased by 3.0 percent.

In the EU, the decrease of 1.1 percent is due to intermediate goods falling by 2.1 percent, non-durable consumer goods by 1.8 percent, durable consumer goods by 1.6 percent and capital goods by 1.0 percent, while energy increased by 2.2 percent.

The largest decreases in industrial production were registered in Portugal (-3.6 percent), Sweden (-3.2 percent) and Denmark (-2.1 percent), and the highest increases in Romania (+2.6 percent), Lithuania (+1.6 percent) and the Netherlands (+1.1 percent).

The increase of 0.5 percent in industrial production in the euro area in May 2014, compared with May 2013, is due to production of capital goods rising by 1.5 percent, non-durable consumer goods by 1.4 percent and intermediate goods by 0.4 percent, while durable consumer goods fell by 0.3 percent and energy by 3.1 percent.

In the EU, the increase of 1.1 percent is due to production of capital goods rising by 2.2 percent, both intermediate goods and non-durable consumer goods by 1.4 percent, and durable consumer goods by 0.7 percent, while energy fell by 2.9 percent. The highest increases in industrial production were registered in Romania (+15.0 percent), Lithuania (+10.2 percent) and Hungary (+9.5 percent), and the largest decreases in Malta (-11.9 percent), France (-4.2 percent) and Finland (-2.9 percent).

It is forbidden to copy the text of this publication without a written permission from ELTA.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lithuanian agrimin calls on EC to cover farmers' drought, swine fever losses

Lithuanian Agriculture Minister Giedrius Surplys has called on the European Commission to cover...

Research: small Lithuanian business fails to assess IT potential and risks

Random employees rather than experienced specialists in the field normally are in charge of hardware...

Lithuanians have an idea how to reduce crypto mining costs

During the largest non-profit ICT and entrepreneurship event in the Baltic States #SWITCH held in...

Remigijus Šimašius on #TOWER: the ugly duckling becomes a beautiful swan

On Thursday, mayor of Vilnius, Remigijus Šimašius visited one of the highest residential buildings...

A new attraction centre will open for the citizens of Vilnius.

A Park Town business park located in a strategic area of Vilnius, in a tail of Konstitucijos avenue,...