Euro-zone industrial production: ever further on the decline!

Industrial production in the euro zone for the month of April has just been released. It is down by 0.4% year-on-year. In the previous months it was -0.7%, 0.0%, -0.4%, -4.2% and -2.9%. So it continues to go downwards!

The following chart goes back to 2010.

Here are further details of Eurostat in the original text:

In the euro area, output of intermediate goods and investment goods fell by 1.2% in April 2019 compared with April 2018. Output of consumer durable goods fell by 0.8% and energy by 0.1%, while output of consumer non-durable goods increased by 1.7%. In the EU28 production of investementl goods fell by 1.6%, of energy by 0.6% and of intermediate goods by 0.1%, while production of durable consumer goods rose by 0.2% and of non-durable consumer goods by 2.8%. Among Member States for which data are available, the largest decreases in industrial production were observed in Germany (-3.4%), the Netherlands (-2.7%), Latvia and the United Kingdom (both -2.4%). The highest increases were registered in Lithuania (+13.8%), Ireland (+6.9%) and Poland (+6.6%).

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