EU: Industrial production up in May

The European Union's industrial production rose by 0.8% month-on-month in May, the European statistical authority announced on Friday. In May, the seasonally-adjusted industrial production index was 107, compared to 106.1 in the previous month, Eurostat said. "In the EU28, production of capital goods rose by 1.9%, durable consumer goods by 1.7%, non-durable consumer goods by 1.5% and energy by 1.3%, while production of intermediate goods fell by 0.1%," it noted. Denmark recorded the highest increase with 4.4%, while Ireland (2.3%) and France (2.1%) followed it in the month among member states. "The largest decreases were observed in Finland (2.9%), Romania (1.9%) and Croatia (1.7%)," Eurostat said. Meanwhile, the industrial production in the EU posted an increase of 0.4% in May on a yearly basis, according to official figures.