Industrial production down 1.1 percent in EU, up 1.6 percent in Lithuania

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.

Related Post

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).

Share

Recent Posts

  • Latest

Prosecutor’s Office announces the fate of the four missing US soldiers: death investigation launched, still silence from the services

On March 31 morning, Minister of National Defence Dovilė Šakalienė announced that an M88 armoured…

1 week ago
  • Latest

A few questions to Mr. Putin, Mr. Trump and all those calling for “peace at all costs”

I admit it: I’m not that type of person who follows domestic and international politics…

2 weeks ago
  • Latest

Message from the President’s Office to Paluckas on Žemaitaitis

While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…

2 months ago
  • Economy

Surprised by what’s happening in Lithuania: this is what makes us stand out in the EU

Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…

2 months ago
  • Politics

Will the coalition shut the door on Žemaitaitis?

"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…

2 months ago
  • Tribune

Airvolve has begun the patenting process for an exclusive aircraft

Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…

2 months ago