Industrial production in the Eurozone fell by 0.8% in July and by 0.7% in the EU%
The volume of industrial production in the Euro area in July 2018 fell by 0.8% compared to June, when the decline was also 0.8%, according to Eurostat data.
Compared to July 2017, industrial production decreased by 0.1%.
Experts predicted the reduction of the first figure of 0.5% growth in the second – 1%.
In 28 EU countries industrial production in July decreased by 0.7% compared to the previous month. In annual terms, the increase was 0.8%.
The largest decline in industrial production compared to the previous month was recorded
Malta (-6.3%), Croatia (-5.0%) and Sweden (-4.1%). The most significant growth was recorded in Denmark (3.6%), Ireland
(2.8%) and Latvia (1.8%).