The seasonally adjusted industrial production in the Eurozone increased by 0.8% in January, compared to the month before, Eurostat revealed in its report on Thursday. In the entire European Union, the figure saw a monthly jump of 0.3%. Year-over-year, industrial output remained stable in the euro area and decreased by 0.2% in the EU.
Month on month, in the Eurozone, the production of intermediate goods and capital goods advanced by 1.6%, and 0.5%, respectively, while the production of energy, durable consumer goods and non-durable consumer goods fell by 1.2%, 0.2% and 3.1%. In the entire EU, the production of intermediate goods and capital goods rose by 1.5% and 0.1%, while the production of energy, durable and non-durable consumer goods declined by 2.0%, 0.3% and 4.1%, respectively.
Among the EU Member States, the highest monthly expansions were recorded in Lithuania with a growth of 4.6%, Portugal with, 3.7%, and Austria, with 3.3%.
