Eurozone industrial production dropped -1.0% mom in May, much worse than expectation of 0.2% mom rise. Production of non-durable consumer goods fell by -2.3%, energy by -1.9%, capital goods by -1.6% and intermediate goods by -0.2%, while production of durable consumer goods rose by 1.6%.
EU industrial production dropped -0.9% mom. Among Member States for which data are available, the largest decreases were registered in Romania (-8.5%), Greece (-4.7%) and Ireland (-4.6%). The highest increases were observed in Lithuania (+7.7%), Hungary (+3.4%) and Finland (+2.2%).