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Industrial production in the Eurozone in may compared with April increased by 12.4%

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year-on-year Eurozone industrial production in may decreased by 20.9%.

Industrial production in the Eurozone in may compared with April increased by 12.4%

By estimates Eurostat, in may 2020, when the member States of the European Union began to soften measures to curb the spread of the COVID-19, with the seasonally adjusted industrial production grew by 12.4% in the Euro area and by 11.4% in the rest of the EU, compared to April of 2020.

the Highest increase was recorded in Italy (+ 42,1%), France (+ 20,0%) and Slovakia (+ 19,6%). The largest decrease was observed in Ireland (fall 9.8%), Croatia (-3,5%) and Finland (-1,3%).

In April 2020, industrial production fell by 18.2% in the Euro area and the EU.

In may 2020 compared to may 2019, industrial production decreased by 20.9% in the Euro area and 20.5% in the rest of the EU.

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