Source:Eurostat

15 JUNE 2011

Industrial output in the Euro area edged up +0.2% in April month-on-month (+0.1% in the EU 27), the region's second consecutive slow down in the last seven months anticipated however by industrials at the beginning of this year due to the Euro's high against currencies, detrimental to export order books.

Unlike the previous month, output of Capital Goods surged +0.5% while inversely, Intermediate Goods and Non Durable Consumer Goods production indices each froze to nil. The production of Energy dipped -3.7% as warmer temperatures pushed down demand for residential customers while business demand's gap translated fewer activities. Output of Durable Consumer Goods picked up and climbed +1.3%.
In the Euro area, Italy's +1% production rebound offset Spain's and Germany's pause, along with France's. The UK, the Union's fourth major economic member state recorded -1.6% production drop.  

In one year, overall output moved down to +5.2% and +4.7% in the EU 27. The production of Energy fell -4.2% in the Euro area, Capital Goods moved down to +9.7% and Intermediate Goods to +5.7%. Output of Durable Consumer Goods climbed +5.2% and Non Durable Consumer Goods +3.7%. In Germany, output slowed down to +9.9%. Italy's inched up +3.7% while Spain's worsened and fell -1.6%. In the UK, production dropped -0.9%