Economy

EU: Industrial production falls in 2019

Eurostat says highest annual rise in industrial production recorded in Malta, with largest decline in Estonia

Tuba Şahin   | 12.02.2020
EU: Industrial production falls in 2019

ANKARA

The EU's industrial output in 2019 slipped 1.1% compared to previous year, the bloc's statistical office reported on Wednesday.

Eurostat said the figure was also down 1.7% in Eurozone during the same period.

The eurozone/euro area or EA19 represents member states that use the single currency -- euro -- while the EU27 includes all member countries of the bloc.

"In December 2019 compared with December 2018, industrial production decreased by 4.1% in the euro area and by 3.9% in the EU27," it said.

Among main industrial groups, the production of capital goods fell the most, down 6.7% year-on-year in December.

It was followed by intermediate goods (5.5%), energy (2.3%) and durable consumer goods (1.4%), while production of non-durable consumer goods rose 1.3%.

Among member states, the highest annual increase was seen in Malta, up 7.6%, followed by Portugal (up 3.9%), and Poland (up 1.3%) in December 2019.

"The largest decreases in industrial production were registered in Estonia (-9.9%), Romania (-8.9%) and Germany (-7.2%)," Eurostat said.

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