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Caspian Energy Journal Caspian European Club
Wednesday, 16 April 2014 16:00

Industrial production up by 0.2% in euro area

In February 2014 compared with January, seasonally adjusted industrial production rose by 0.2% in the euro area (EA18) and by 0.4% in the EU28, Caspian Energy News (www.caspianenergy.net) reports with reference to the press service of Eurostat, the statistical office of the European Union. In January industrial production remained stable in the euro area and increased by 0.2% in the EU28.

In February 2014 compared with February 2013, industrial production grew by 1.7% in the euro area and by 2.1% in the EU28.

The increase of 0.2% in industrial production in the euro area in February 2014, compared with January 2014, is due to production of intermediate goods rising by 0.6% and non-durable consumer goods by 0.5%, while capital goods remained stable and durable consumer goods fell by 1.2% and energy by 1.7%.

In the EU28, the increase of 0.4% is due to production of non-durable consumer goods rising by 0.9%, intermediate goods by 0.5% and capital goods by 0.2%, while durable consumer goods fell by 0.7% and energy by 1.4%.

The increase of 1.7% in industrial production in the euro area in February 2014, compared with February 2013, is due to production of intermediate goods rising by 4.2%, capital goods by 4.0% and non-durable consumer goods by 2.8%, while production of durable consumer goods fell by 0.6% and energy by 8.5%.

In the EU28, the increase of 2.1% is due to production of intermediate goods rising by 4.6%, capital goods by 4.5%, non-durable consumer goods by 2.7% and durable consumer goods by 1.5%, while production of energy fell by 7.2%.

 

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