Industrial production in the euro area fell by 0.7% in June

In June 2018, industrial production in the euro area declined by 0.7% compared to May, when the index rose by 1.4%, according to Eurostat. Analysts had predicted an increase of 0.4%. In annual terms, industrial production grew by 2.5%. Experts had expected an increase of 2.4%. Industrial production in the 28 EU countries fell in June by 0.5% compared to May and grew by 2.6% in annual terms. In monthly terms, the biggest decline was observed in Ireland - by 8.9%, and in the Netherlands - by 1.3%. The highest growth was registered in Croatia - by 4.5%, and Romania - by 1.7%.

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