STAT/01/109
17 October 2001
August 2001
Industrial production up by 1.1% in euro-zone
EU15 up by 1.0%
Seasonally adjusted industrial production1 increased by 1.1% in the euro-zone2 in August 2001 compared to
July 2001, Eurostat, the Statistical Office of the European Communities in Luxembourg, estimates
today. This follows a decrease of 1.3%3 in July and a gain of 0.8% in June. Output in the EU15 increased by
1.0% in August, after a fall of 1.2%3 in July and a gain of 0.7% in June.
In August 2001 compared to August 2000, industrial production gained 0.4% in the euro-zone and remained
unchanged in the EU15.
Euro-zone and EU15 production,
total industry excluding construction
124
Euro-zone, seasonally adjusted series
Trendline
EU15, seasonally adjusted series
Trendline
122
120
118
116
114
112
110
1995=100
08-2001
07-2001
06-2001
05-2001
04-2001
03-2001
02-2001
01-2001
12-2000
11-2000
10-2000
09-2000
08-2000
07-2000
06-2000
05-2000
04-2000
03-2000
02-2000
01-2000
12-1999
11-1999
10-1999
09-1999
08-1999
108
Monthly comparison
After showing the strongest fall of all sectors in July 2001, durable consumer goods clearly recovered in
August with a gain of 3.1% in the euro-zone and of 2.6% in the EU15. The capital goods index increased by
2.2% in both areas. Intermediate goods rose by 0.5% in the euro-zone and by 0.7% in the EU15, while nondurable consumer goods advanced by 0.3% and 0.5%, respectively. Only energy recorded a decrease:
-0.3% in the euro-zone and -0.5% in the EU15.
In August, industrial production increased in all reporting Member States for which data were available,
except in Denmark (-2.4%) and in France (0.0%). The highest increases were observed in Ireland (5.8%),
Luxembourg (4.9%), Spain (3.3%), Finland (3.0%) Portugal (2.3%) and Germany (2.1%).
Annual comparison
Capital goods increased by 2.4% in the euro-zone and by 1.7% in the EU15. Durable and non-durable
consumer goods gained 0.7% and 1.6% respectively in the euro-zone and 1.0% and 1.8% in the EU15.
Energy increased by 1.8% in the euro-zone and by 0.5% in the EU15, while intermediate goods fell by 2.0%
and 2.7% respectively.
Compared to August 2000 Luxembourg (5.5%), Portugal (2.9%), Spain (2.8%) and France (2.1%)
recorded the highest increases, while UK (-2.3%), Finland (-1.9%), Italy and the Netherlands (both -1.5%)
registered the strongest falls.
1. For methodology, see news release 38/2000, 23 March 2000 and for the currently used weights, see
news release 78/2001, 20 July 2001.
2. Euro-zone: Belgium, Germany, Greece (since January 2001), Spain, France, Ireland, Italy, Luxembourg,
the Netherlands, Austria, Portugal and Finland. Euro-zone data up to end 2000 cover the eleven
Member States; with Greece’s entry into the euro-zone from the beginning of 2001, they cover the twelve
Member States. The euro-zone is treated as an entity regardless of its composition. The growth rates for
2001 are calculated by comparing figures for the euro-zone at 12 in 2001 with figures for EUR11 +
Greece in 2000. For analytical purposes, Eurostat has made available in its data base NewCronos
historic series covering the current twelve Member States of the euro-zone since 1990.
3. Data for July and the previous months have been revised compared to the news release 98/2001, 24
September 2001.
4. Total industry (excluding construction). According to the Council Regulation 1165/98 Eurostat publishes
national seasonally adjusted data if available (currently Belgium, Denmark, Germany, France, Ireland,
Italy, the Netherlands, Sweden, the UK and Finland). For the other Member States Eurostat performs the
adjustment.
The seasonally adjusted euro-zone and EU15 series are calculated by aggregating the working days
adjusted series from individual Member States and performing an adjustment for seasonal effects on
these series. Therefore the seasonally adjusted figures for total industry (excluding construction) is
based directly on the working day adjusted series coming from the Member States and not on an
aggregation of the seasonally adjusted indices from the Member States. The euro-zone and EU15
seasonally adjusted growth rates might differ from the weighted growth rates of the individual Member
States (see Methodology of the industrial production index).
This procedure also implies that the aggregation of the overall figures is not based on the published
details (intermediate, capital, durable, non-durable goods, energy).
Working days adjusted figures are transmitted by all Member States except by Denmark. For this
Member State, Eurostat performs the working days adjustment.
Data for Denmark and Sweden do not cover electricity, gas and water supply
Values of July and August 2001 might have been influenced by shifting holiday patterns.
Figures and graphics available in PDF and Word Processed versions
Issued by:
Eurostat Press Office
Fons THEIS, Philippe BAUTIER,
Anette SIMES
L-2920 LUXEMBOURG
Tel:
+352-4301 33 444
+352-4301 33 496
Fax:
+352-4301 35 349
eurostat-pressoffice@cec.eu.int
For further information on data:
Carmen LIPP-LINGUA
Tel.:
+352-4301 35253
Fax:
+352-4301 34359
carmen.lipp-lingua@cec.eu.int
Christoph WALKNER
Tel.:
+352-4301 35598
Fax:
+352-4301 34359
christoph.walkner@cec.eu.int
Eurostat news releases on the Internet:
http://europa.eu.int/comm/eurostat/