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High-technology and medium-high technology industries main drivers of EU-27's industrial growth - Issue number 1/2013

High-technology and medium-high technology industries main drivers of EU-27's industrial growth - Issue number 1/2013

High-technology industries up by 26 % since first quarter of 2005, low-technology industries down by 6 %.

Since 2005 the industrial production index and other short-term statistics (STS) indicators developed much more favourably for EU-27 high-tech manufacturing than for industry as a whole. Despite the financial and economic crisis, high-technology manufacturing production increased by 26 % between the first quarter of 2005 and the third quarter of 2012. In contrast for industry as a whole the level of production in 2012 is almost the same as in 2005. Medium-low-technology and low-technology production even shrunk during the period under observation ( 5 % and -6 %). Medium-high technology industries increased by 7 %.

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Release date: 08/01/2013
 

Additional information

Product Code: KS-SF-13-001
Theme: Industry, trade and services
Collection: Statistics in Focus