Julio García
Industrial production rose by 0.9% in Spain in September 2024, compared to August of this year, and by 0.6% compared to September 2023, according to the first estimates of Eurostat, the Statistical Office of the European Union.
At the euro area and EU level, Eurostat estimates indicate that seasonally adjusted industrial production decreased by 2.0% in September 2024, compared to August 2024, both in the euro area and in the EU.
In August 2024, industrial production grew by 1.5% in the euro area and by 1.2% in the EU .
In September 2024, compared with September 2023, industrial production decreased by 2.8% in the euro area and by 2.4% in the EU.
MONTHLY COMPARISON BY MAIN INDUSTRIAL GROUPS AND BY STATES
In the euro area in September 2024 compared with August 2024, industrial production:
- remained stable for intermediate goods,
- decreased by 1.5% for energy,
- decreased by 3.8% for capital goods,
- increased by 0.5% for durable consumer goods,
- increased by 1.6% for non-durable consumer goods.
In the EU, industrial production:
- decreased by 0.1% for intermediate goods,
- decreased by 1.6% for energy,
- decreased by 3.2% for capital goods,
- increased by 0.3% for durable consumer goods,increased by 0.5% for non-durable consumer goods.
The largest monthly declines were recorded in Ireland (-10.7%), Denmark (-5%) and the Netherlands (-2.9%). The largest increases were seen in Croatia (+5%), Portugal (+2.7%) and Slovenia (+1.6%). In Spain the figure is for an increase of 0.9%.
ANNUAL COMPARISON BY MAIN INDUSTRIAL GROUPS AND BY MEMBER STATE
In the euro area in September 2024, compared with September 2023, industrial production:
- decreased by 2.6% for intermediate goods,
- increased by 1.9% for energy,
- decreased by 6.4% for capital goods,
- decreased by 1.7% for durable consumer goods,
- increased by 4.8% for non-durable consumer goods.
In the EU, industrial production:
- decreased by 2.5% for intermediate goods,
- increased by 1.4% for energy,
decreased by 5.6% for capital goods,
- decreased by 1.5% for durable consumer goods,
- increased by 4.5% for non-durable consumer goods.
The largest year-on-year decreases were recorded in Ireland (-7.3%), Luxembourg (-6.3%) and Hungary (-5.3%). The largest increases were seen in Denmark (+7.8%), Belgium (+6.0%) and Lithuania (+3.5%). Spain recorded a year-on-year increase of 0.6%.