December 2014 compared with November 2014 Industrial production stable in euro area Up by 0.1% in EU28

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1 / February 2015 December 2014 compared with November 2014 Industrial production stable in euro area Up by 0.1% in EU28 In December 2014 compared with November 2014, seasonally adjusted industrial production 1 was stable in the euro area 2 (EA18) and rose by 0.1% in the EU28 2, according to estimates from Eurostat, the statistical office of the European Union. In November industrial production grew by 0.1% in both zones. In December 2014 compared with December , industrial production decreased by 0.2% in the euro area and increased by 0.3% in the EU28. The average industrial production for the year 2014, compared with 2013, rose by 0.6% in the euro area and by 1.0% in the EU28. Industrial production Euro area, seasonally adjusted series EU28, seasonally adjusted series =100

2 Monthly comparison by main industrial grouping and by Member State Industrial production was stable in the euro area in December 2014, compared with November 2014, due to production of durable consumer goods rising by 2.3%, intermediate goods by 1.1%, energy by 1.0% and capital goods by 0.2%, while non-durable consumer goods fell by 1.8%. In the EU28, the increase of 0.1% is due to production of durable consumer goods rising by 2.0%, intermediate goods by 1.0%, capital goods by 0.7% and energy by 0.3%, while non-durable consumer goods fell by 1.4%. The largest decreases in industrial production were registered in Ireland (-12.4%), Portugal (-3.6%) and Malta (-3.3%), and the highest increases in Poland (+2.0%), France (+1.6%) and Sweden (+1.2%). Annual comparison by main industrial grouping and by Member State The decrease of 0.2% in industrial production in the euro area in December 2014, compared with December 2013, is due to production of energy falling by 1.7%, durable consumer goods by 0.5%, capital goods by 0.3% and intermediate goods by 0.2%, while non-durable consumer goods rose by 0.7%. In the EU28, the increase of 0.3% is due to production of durable consumer goods rising by 3.0%, capital goods by 1.2%, intermediate goods by 0.8% and non-durable consumer goods by 0.5%, while energy fell by 1.8% The largest decreases in industrial production were registered in Greece (-4.2%), Malta (-3.8%) and Portugal (-3.1%), and the highest increases in Ireland (+18.2%), Estonia (+7.6%) and Poland (+5.7%). 1. The index of industrial production measures the evolution of the volume of production for industry excluding construction, based on data adjusted for working day and seasonal effects. Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data. Eurostat carries out the seasonal adjustment of the data for those countries that do not adjust their data for seasonal effects. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates. The weights of the Member States in the EU and euro area aggregates can be found at: https://circabc.europa.eu/w/browse/5e6d1e48-056c-4c6a ab138bcf575 See file: EU-28_EA-18_NEWS_RELEASE_WEIGHTINGS_2010 More detailed data can be found in the short-term business statistics database on the Eurostat website: More information about the industrial production index can be found in Statistics Explained: 2. Up to 31 December 2014, the euro area (EA18) included Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. From 1 January 2015 the euro area (EA19) also includes Lithuania. The European Union (EU28) includes Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom. As part of Eurostat's guidelines for the dissemination of data when the euro area is enlarged, the aggregate data series commented on in this News Release refer to the official composition of the euro area in the most recent month for which data is available. Thus News Releases with data for months up to December 2014 comment on EA18 series, while Releases with data for January 2015 onwards will comment on EA19 series. Eurostat's guidelines can be found on the Eurostat website: The tables also include Norway. 3. Data of previous months have been revised compared to those issued in the News Release 7/2015 of 14 January The monthly growth rates for November 2014 have been revised from +0.2% to +0.1% for both the EA18 and the EU28. The annual growth rate has been revised from -0.4% to -0.8% for the EA18 and from -0.1% to -0.3% for the EU Based on data adjusted for working days. Issued by: Eurostat Press Office Tim ALLEN Tel: For further information on data: Sarmite VISOCKA Tel: Media requests: Eurostat media support / Tel: /

3 Industrial production % change compared with previous month* Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 EA18 Total industry Intermediate goods Energy Capital goods Durable consumer goods Non-durable consumer goods EU28 Total industry Intermediate goods Energy Capital goods Durable consumer goods Non-durable consumer goods Total industry Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 EA EA EU Belgium : Bulgaria Czech Republic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus : Latvia Lithuania Luxembourg : Hungary Malta Netherlands Austria : Poland Portugal Romania Slovenia Slovakia Finland Sweden United Kingdom Norway * Working day and seasonally adjusted

4 Industrial production % change compared with same month of the previous year* Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 EA18 Total industry Intermediate goods Energy Capital goods Durable consumer goods Non-durable consumer goods EU28 Total industry Intermediate goods Energy Capital goods Durable consumer goods Non-durable consumer goods Total industry Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 EA EA EU Belgium : Bulgaria Czech Republic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus : Latvia Lithuania Luxembourg : Hungary Malta Netherlands Austria : Poland Portugal Romania Slovenia Slovakia Finland Sweden United Kingdom Norway * Working day adjusted

5 Production indices for total industry, working day and seasonally adjusted (base year 2010) 12/13 01/14 02/14 03/14 04/14 05/14 06/14 07/14 08/14 09/14 10/14 11/14 12/14 EA EA EU Belgium : Bulgaria Czech Republic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus : Latvia Lithuania Luxembourg : Hungary Malta Netherlands Austria : Poland Portugal Romania Slovenia Slovakia Finland Sweden United Kingdom Norway

6 Production indices for total industry, working day adjusted (base year 2010) 12/11 12/12 12/13 01/14 02/14 03/14 04/14 05/14 06/14 07/14 08/14 09/14 10/14 11/14 12/14 EA EA EU Belgium : Bulgaria Czech Republic Denmark Germany Estonia Ireland Greece Spain France Croatia Italy Cyprus : Latvia Lithuania Luxembourg : Hungary Malta Netherlands Austria : Poland Portugal Romania Slovenia Slovakia Finland Sweden United Kingdom Norway

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