In May 2008 compared with April 2008, industrial production fell by 1.9% in the euro area and by 1.4% in the European union (EU). In April production grew by 1.0% and 0.3% respectively.

In May 2008 compared with May 2007, industrial production decreased by 0.6% in the euro area and by 0.5% in the EU.

These data is released by Eurostat, the Statistical Office of the European Communities.

The Eurostat data shows that Bulgaria registered industrial growth of 3,3% in May compared to April and of 8,6% on an annual base.

Among the Member States for which data are available for May 2008, industrial production fell in eighteen and only rose in Ireland (+13.3%), Bulgaria (+3.3%) and Romania (+0.5%). The most significant falls were registered in Lithuania (-7.5%), the Netherlands (-6.0%), Portugal (-5.7%) and Latvia (-5.6%).

In May 2008 compared with May 2007, production of capital goods increased by 2.2% in the euro area and by 1.9% in the EU27.
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Among the Member States for which data are available for May 2008, industrial production rose in twelve and fell in nine countries. The highest increases were registered in Ireland (+9.2%), Bulgaria (+8.6%) and Denmark (+7.4%), while the most significant decreases were recorded in Latvia (-8.1%), Estonia (-6.7%) and Greece (-6.6%).

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