Decline in Greek business manufacturing in February. The general index fell 2.1%, following a giant rise the earlier month.
The most important decline was in its manufacturing business client durables, by 8.3%, with non-durable client items reducing by 4.8%. Vitality manufacturing decreased by 3.6%, whereas alternatively, intermediate items manufacturing elevated by 2.7%, whereas capital items remained unchanged.
On the European degree, in February 2024, in comparison with January 2024, seasonally adjusted industrial manufacturing elevated by 0.8% within the Eurozone and by 0.7% within the EU, in accordance with the primary estimates of Eurostat, the statistical workplace of the European Union. In January 2024, industrial manufacturing fell by 3.0% within the euro space and by 2.7% within the EU.
In February 2024, in comparison with February 2023, industrial manufacturing fell by 6.4% within the Eurozone and by 5.4% within the EU.
Month-to-month comparability by essential industrial group and by Member State
Within the euro space in February 2024 in comparison with January 2024, industrial manufacturing:
- elevated by 0.5% for intermediate items,
- decreased by 3.0% for power,
- elevated by 1.2% for capital items,
- up 1.4% for client durables,
- decreased by 0.9% for non-durable client items.
Within the EU, industrial manufacturing:
- elevated by 0.9% for intermediate items,
- decreased by 3.3% for power,
- elevated by 1.0% for capital items,
- up 1.7% for client durables,
- decreased by 0.5% for non-durable client items.
The very best month-to-month will increase have been recorded in Eire (+3.8%), Hungary (+3.5%) and Slovenia (+3.3%). The biggest decreases have been noticed in Croatia (-4.6%), Lithuania (-3.0%) and Belgium (-2.7%).
Annual comparability by essential industrial group and by Member State
Within the euro space in February 2024, in comparison with February 2023, industrial manufacturing:
- decreased by 2.7% for intermediate items,
- decreased by 3.6% for power,
- decreased by 8.9% for capital items,
- decreased by 4.3% for client durables,
- decreased by 6.1% for non-durable client items.
Within the EU, industrial manufacturing:
- decreased by 2.5% for intermediate items,
- decreased by 3.5% for power,
- decreased by 7.5% for capital items,
- decreased by 3.9% for client durables,
- decreased by 4.7% for non-durable client items.
In line with newsit, the largest annual declines have been recorded in Eire (-36.0%), Belgium (-12.7%) and Bulgaria (-8.4%). The very best will increase have been seen in Spain (+3.5%), Slovenia (+2.8%) and Denmark (+2.7%).
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