In March 2023, the seasonally adjusted industrial production decreased by 4.1% in the euro area and by 3.6% in the EU, compared with February 2023, according to estimates from Eurostat, the statistical office of the
European Union. In February 2023, industrial production increased by 1.5% in the euro area and by 1.4% in the EU.
In March 2023 compared with March 2022, industrial production decreased by 1.4% in the euro area and by 1.3% in the EU.
Monthly comparison by main industrial grouping and by Member State
In the euro area in March 2023, compared with February 2023, production of capital goods fell by 15.4%, intermediate goods by 1.8%, energy by 0.9% and non-durable consumer goods by 0.8%, while production of durable consumer goods rose by 2.8%.
In the EU, production of capital goods fell by 12.9%, intermediate goods by 1.6%, non-durable consumer goods by 1.3% and energy by 1.0%, while production of durable consumer goods rose by 2.0%.
Among Member States for which data are available, the largest monthly decreases were registered in Ireland (-26.3%), Sweden (-3.9%) and Germany (-3.1%). The highest increases were observed in Finland (+3.0%), Slovenia (+2.3%), Czechia and Slovakia (both +1.7%).
Annual comparison by main industrial grouping and by Member State
In the euro area in March 2023, compared with March 2022, production of energy fell by 6.1%, intermediate goods by 4.7%, capital goods by 2.1% and durable consumer goods by 0.8%, while production of non-durable consumer
goods rose by 6.8%.
In the EU, production of energy fell by 9.1%, intermediate goods by 5.6% and durable consumer goods by 3.1%, while production of capital goods rose by 0.4% and non-durable consumer goods by 7.1%. Among Member States for which data are available, the largest annual decreases were registered in Ireland (-26.1%), Lithuania (-16.6%) and Estonia (-12.6%). The highest increases were observed in Malta (+12.5%), Denmark (+8.9%) and Spain (+5.6%).
Source: Eurostat
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