EU Industrial production decreased in November 2015

EU Industrial production decreased in November 2015

In November 2015 compared with October 2015, seasonally adjusted industrial production fell by 0.7 % in the euro area (EA19) and by 0.6 % in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October 2015 industrial production rose by 0.8 % and 0.6 % respectively

In November 2015 compared with November 2014, industrial production increased by 1.1% in the euro area and by 1.4% in the EU28.

 

EU Industrial production development

 

The decrease of 0.7 % in industrial production in the euro area in November 2015, compared with October 2015, is due to production of energy falling by 4.3 %, capital goods by 1.9 % and durable consumer goods by 1.0 %, while production of non-durable consumer goods rose by 0.1 % and intermediate goods by 0.7 %.

In the EU28, the decrease of 0.6 % is due to production of energy falling by 3.5 %, capital goods by 1.3 %, durable consumer goods by 0.3% and non-durable consumer goods by 0.1 %, while production of intermediate goods rose by 0.5 %.

Among Member States for which data are available, the largest decreases in industrial production were registered in Portugal (-4.9 %), Malta (-3.7 %), the Netherlands (-3.1 %), Estonia and Lithuania (both -2.6 %), and the highest increases in Greece (+3.3 %) and Slovakia (+1.9 %).

 The increase of 1.1 % in industrial production in the euro area in November 2015, compared with November 2014, is due to production of intermediate goods rising by 2.1 %, durable consumer goods by 1.7 % and both capital goods and non-durable consumer goods by 1.2 %, while production of energy fell by 2.8 %.

In the EU28, the increase of 1.4% is due to production of capital goods rising by 2.0%, intermediate goods by 1.8%, durable consumer goods by 1.7% and non-durable consumer goods by 0.8%, while production of energy fell by 1.2%.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+14.2 %), Slovakia (+11.9 %) and Hungary (+7.1 %), and the largest decreases in the Netherlands (-8.0 %) and Estonia (-6.2 %). 

http://ec.europa.eu/eurostat             


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.