European industrial production falls in June
August 12th, 2009 - 5:13 pm ICT by IANSBrussels, Aug 12 (DPA) Industrial production in the 16-nation euro area posted a monthly decline of 0.6 percent in June and plummeted by 17 percent when compared to the same month last year, data released Wednesday showed.
The European Union statistics office (Eurostat) said month-on-month output in the 27-member European Union also fell, by 0.2 percent. Year-on-year, it fell by 15.6 percent.
Industrial production in the euro area has been falling steadily since last year, except in May, when it posted a revised month-on-month rise of 0.6 percent.
Figures for the EU’s four biggest economies were mixed. In Italy, industrial output fell by a monthly rate of 1.2 percent, while output was steady in Germany. Production rose by 0.5 percent in France and by 0.3 percent in Britain.
The biggest monthly drop - 2.7 percent - came in Denmark, while Ireland’s industrial production surged 9.3 percent from May.
Wednesday’s figures came a day before Eurostat was due to release its preliminary estimates for European gross domestic product in the second quarter.
- Eurozone's retail sales up - Mar 06, 2012
- Rise in eurozone industrial production points to recession's end - Oct 14, 2009
- Britain's GDP drops - Feb 25, 2012
- Italy's industrial output suffers steep October decline - Dec 09, 2011
- China's crude steel output went up in 2011 - Jan 23, 2012
- China foreign trade growth slows, surplus widens (Lead) - May 10, 2012
- EU-India trade rises by 20 percent - Feb 09, 2012
- China's industrial production slows in October - Nov 09, 2011
- China's Producer Price Index rises in December - Jan 12, 2012
- European industrial production plunges as inflation drops - Apr 16, 2009
- China's GDP growth slows to 8.1 percent (Lead) - Apr 13, 2012
- China's Producer Price Index falls - May 11, 2012
- Europe still in recession, Q2 estimates show - Aug 13, 2009
- China surpasses US as EU's top trade partner - Oct 16, 2011
- EU unemployment rate reaches 14-year high - Apr 02, 2012
Tags: brussels, decline, denmark, dpa, estimates, european union, eurostat, germany production, gross domestic product, ireland, italy, s industrial, second quarter, statistics office, union statistics