Eurozone industrial production remains stable in July

Industrial production in the eurozone remained stable in July compared with the previous month, European Union (EU) statistics bureau Eurostat said Tuesday.

In July, production of non-durable consumer goods and capital goods in the eurozone increased by 0.1 percent on a monthly basis. Production of durable consumer goods decreased by 0.6 percent. Intermediate goods declined by 0.3 percent and energy dropped by 0.1 percent.

Compared with July 2009, industrial production in the eurozone increased by 7.1 percent.

In the 27-nation EU, industrial production in July also remained stable month on month, but rose by 6.8 percent over a year ago.

Among the member states for which data were available, industrial production increase in ten, fell in ten and remained unchanged in Germany and the Netherlands.

The most significant fall was registered in Finland, down by 3.6 percent, while the highest increase was seen in Estonia, up by 5.2 percent.

According to revised data, industrial production in June fell by 0.2 percent in the euro area, but rose by 0.1 percent in the EU.
(Source:xinhua)