Romania, 4th in the EU in terms of annual industrial production growth rate in June

The data for 21 of 27 member states shows that industrial production dropped 0.3 percent in the European Union and 0.5 percent in the euro zone in the June 2007 – June 2008 period, with the sharpest drops registered in Spain (9 percent), Latvia (5.2 percent), and Estonia (4.7 percent).

By category, production of durable consumer goods (FMCG) dropped most significantly, by 3.7 percent in the EU and 5.3 percent in the euro zone, followed by intermediary goods, 0.9 percent and 1.1 percent, respectively. Energy production also fell 0.3 percent in the EU, and 0.8 percent in the euro zone, while the production of non-durable goods dropped 0.7 percent in EU member states, and 0.6 percent in the euro zone.

The only category of industrial production that saw an advance in June was capital goods, up 1.4 percent in both areas.

As concerns the whole of the European Union in the June 2007 - June 2008 period, industrial production rose in 12 member states and dropped in nine. (NewsIn)