Europe's industrial output jumps in April

Industrial production rises 38.7% in EU, 39.3% in eurozone, compared to same month in 2020, says Eurostat

By Yunus Girgin

ANKARA (AA) - Industrial production in Europe showed a significant improvement in April compared to the same month last year, the bloc's statistical authority said on Monday.

The figure increased by 38.7% in the EU27 and by 39.3% in the eurozone, Eurostat said in a statement.

The eurozone/euro area, or EA19, represents member states that use the single currency – euro – while the EU27 includes all member countries of the bloc.

The highest rises were registered in Italy with 79.5%, Slovakia with 69.1%, and Romania with 64.5%, while all member states posted an increase in industrial production.

In the EU, production of durable consumer goods rose 110.4%, capital goods 67.5%, intermediate goods 36.9%, non-durable consumer goods 14% and energy 13.8%.

On a monthly basis, industrial output improved 0.8% in the eurozone and 0.5% in the EU in April.

Last Friday, the Turkish Statistical Institute revealed that Turkey's industrial production in April declined 0.9% on a monthly basis and increased 66% annually.

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