In January compared to December, industrial production grew by 0.3 percent in the EU and by 0.7 in the euro area, according to the seasonally adjusted data of the European statistical office Eurostat, published today.

Before December, a decrease of 0.6 percent in the EU and 1.3 percent in the euro area was recorded respectively.

On an annual basis in January, industrial production grew by 1 percent in the EU and by 0.9 percent in the euro area.

Slowdown of annual inflation in Bulgaria in February to 16.0%

In January 2023, compared to December 2022, the production of intermediate goods in the euro area increased by 1.5 percent, that of capital goods - 0.2 percent, of durable consumer goods - 0.7 percent, of energy - 0.8 percent, and non-durable consumer goods - 2.1 percent.

However, the picture in the EU as a whole for the same period is different.

While the production of intermediate goods grew by 1.1 percent and that of energy remained unchanged, the production of capital goods, consumer durables, and non-durable consumer goods fell by 0.2 percent, 0.9 percent, and 3.2 percent, respectively.

Among the member countries for which there are data, the most serious monthly growth of industrial production was recorded by 

Ireland 

(+9.3 percent), followed by Sweden (+5.0 percent) and Romania (+2.0 percent).

At the same time, the biggest decline was in 

Denmark 

(-7.1 percent), Ireland (-5.0 percent) and the Netherlands (-4.3 percent).

On an annual basis in the EU, the production of capital goods and non-durable consumer goods grew by 8.3 and 4.7 percent, while that of durable consumer goods, intermediate goods and energy fell by 2.5, 5.3 and 2.5 percent, respectively. 7.1 percent.

In the euro area, production of capital goods and non-durable consumer goods grew by 8.2 and 3.2 percent, while that of durable consumer goods, intermediate goods and energy fell by 0.6, 5.3 and 7.6 respectively per hundred.

Among the member states for which there are data, the most serious annual growth in industrial production was recorded by 

Ireland 

(+19.3 percent), followed by Denmark (+14.2 percent) and Malta (+12.4 percent).

At the same time, the biggest decline was in 

Lithuania 

(-12.0 percent), Ireland (-9.8 percent) and Slovakia (-8.6 percent).

The decline of 

Bulgarian 

industrial production is about 4 percent.