CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Industrial production down by 1.7% in euro area

In November 2018 compared with October 2018, seasonally adjusted industrial production fell by 1.7% in the euro area (EA19) and by 1.3% in the EU28. In October 2018, industrial production increased by 0.1% in both the euro area and in the EU28.

In November 2018 compared with November 2017, industrial production fell by 3.3% in the euro area and by 2.2% in the EU28.

 

 

Monthly comparison – November 2018, compared with October 2018

In the euro area, production of capital goods fell by 2.3%, durable consumer goods by 1.7%, intermediate goods by 1.2%, non-durable consumer goods by 1.0% and energy by 0.6%.

In the EU28, the production of capital goods fell by 1.6%, intermediate goods by 1.1%, durable consumer goods by 1.0%, non-durable consumer goods by 0.6% and energy by 0.5%.

Largest decreases: Ireland (-7.5%), Portugal (-2.5%), Germany and Lithuania (both -1.9%).

Highest increases: Estonia (+4.5%), Greece (+3.1%) and Malta (+2.6%).

 

Annual comparison – November 2018, compared with November 2017

  • In the euro area, the production of energy fell by 5.2%, capital goods by 4.5%, durable consumer goods by 3.5%, intermediate goods by 3.0% and non-durable consumer goods by 0.1%.
  • In the EU28, the production of energy fell by 4.3%, capital goods by 3.0%, intermediate goods by 2.2% and durable consumer goods by 1.4%, while the production of non-durable consumer goods rose by 0.7%
  • Largest decreases: Ireland (-9.1%), Germany (-5.1%), Portugal (-2.9%) and Spain (-2.8%).
  • Highest increases: Estonia (+7.9%), Poland (+5.3%) and Hungary (+3.5%).

 

 

Further information:

Industrial production November 2018

 

Source: Eurostat, https://ec.europa.eu/eurostat/home

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Posted in General Market News, Market Trends & Statistics

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