At a time of great economic uncertainty across the bloc, industrial production has fallen

Industrial production across the euro area has fallen, leading to calls from businesses to ensure the EU ‘acts before a crisis attacks.’

As of June 2018, seasonally adjusted industrial production fell by 0.7% in the euro area (EA19) and by 0.4% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.\

According to the report: ”In May 2018, industrial production rose by 1.4% in the euro area and by 1.3% in the EU28. In June 2018 compared with June 2017, industrial production increased by 2.5% in the euro area and by 2.6% in the EU28.

”The decrease of 0.7% in industrial production in the euro area in June 2018, compared with May 2018, is due to production of capital goods falling by 2.9%, non-durable consumer goods by 0.6%, intermediate goods by 0.5% and durable consumer goods by 0.4%, while production of energy rose by 0.5%.”

to read the full report, see here.