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Eurozone industrial production declined 1.5%
Investing.com – According to preliminary estimates from the European Union Statistics Office, industrial production in the Eurozone decreased by 1.5% month-on-month in January compared to December, while the EU as a whole declined by 1.6%. In December, industrial production in the Eurozone fell by 0.6%, and in the EU by 0.1%.
Compared to January 2025, Eurozone industrial production decreased by 1.2%, and the EU by 0.6%.
In January, the Eurozone saw the largest decline in non-durable consumer goods production, down 6.0%.
Capital goods production fell by 2.3%, intermediate products by 1.9%, and durable consumer goods by 1.9%. Energy production increased against the trend, rising 4.7%.
The EU shows a similar trend, with non-durable consumer goods down 6.0%, intermediate products down 2.0%, capital goods down 2.3%, and durable consumer goods down 1.9%. Energy production grew by 4.2%.
Ireland experienced the largest monthly decline at 9.8%, followed by Luxembourg at 4.3% and Sweden at 4.1%. Portugal saw the highest increase at 4.2%, Latvia grew by 3.3%, and Lithuania by 2.7%.
Year-over-year, Eurozone intermediate product production decreased by 2.1%, while energy increased by 5.8%, and capital goods grew by 1.1%. Durable consumer goods fell by 3.5%, and non-durable consumer goods by 6.4%.
In the EU, intermediate products declined by 2.2% year-over-year, while energy increased by 5.2%, and capital goods by 1.7%. Durable consumer goods decreased by 3.5%, and non-durable consumer goods by 4.5%.
Luxembourg experienced the largest annual decline at 14.9%, followed by Ireland at 13.1% and Bulgaria at 8.6%. Latvia saw the highest annual increase at 13.3%, Denmark grew by 11.5%, and Estonia by 5.9%.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.