EU June chems production falls slightly from May, up year on year

13 August 2013 10:59  [Source: ICIS news]

LONDON (ICIS)--EU chemicals production in June fell by 0.3% month on month, official data showed on Tuesday.

According to Eurostat, initial estimates also show that chemicals production in the 17-member eurozone fell 0.7% in June from May.

However, chemicals production in both regions rose on a year-on-year basis, increasing by 0.9% in the EU and 1.0% in the eurozone.

Total industrial production in June increased month on month by 0.9% and 0.7% respectively.

“Among the member states for which data is available, industrial production rose in 14 and fell in eight,” Eurostat said.

“The highest increases were registered in Ireland (+8.7%), Romania (+5.7%), Poland (+3.1%), Germany and Greece (both +2.5%), and the largest decreases in the Netherlands (-4.1%), Portugal (-2.8%) and France (-1.5%),” it added.

On a year-on-year basis, industrial production in June rose by 0.4% in the EU and by 0.3% in the eurozone.

“Among the member states for which data is available, industrial production rose in 11 and fell in 11. The highest increases were registered in Romania (+9.6%), Poland (+5.3%) and Estonia (+4.7%), and the largest decreases in Finland (-5.9%), Bulgaria (-4.4%) and the Czech Republic (-3.0%),” Eurostat said.

Eurostat's initial figures for June are subject to revision.


June 2013 vs May 2013

June 2013 vs 
June 2012

EU chemicals

-0.3%

0.9%

Eurozone chemicals

-0.7%

1.0%

EU industry

0.9%

0.4%

Eurozone industry

0.7%

0.3%


By: Franco Capaldo
+44 (0)20 8652 3214



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