Positive trend of EU industry

The positive trend of industrial production in Europe has continued for the sixth consecutive month, according to the data published by Eurostat for March. The growth is equivalent to 0.4% in the Euro zone, and 0.3% in the EU-25. Over the past year the increase has been respectively 3.8% and 3.7%. The countries that have registered the best monthly variations are Lithuania (+7.4%), Portugal (+6.1%) and Ireland (+5.5%). Germany (-1.7%), Greece (-0.5%), Denmark (-0.1%) and Italy (-0.1%) are the only States presenting a negative trend. The good result is especially due to intermediate goods, whose growth was of the order of one percentage point, compensating for the erratic trend of energy production, non-durable consumer goods and investment goods. On an annual basis, the growth is equivalent to 4.7% for the Euro zone and 5% for the European Union as a whole.