Euro area industrial output down 0.7 percent in November from October

Wednesday, 13 January 2016 17:35:18 (GMT+3)   |   Istanbul
       

In November last year, seasonally-adjusted industrial production decreased by 0.7 percent in the euro area and by 0.6 percent in the EU-28, as compared with October, while industrial production in October had risen by 0.8 percent in the euro area and by 0.6 in the EU-28, both on month-on-month basis. In November last year compared with November 2014, industrial production increased by 1.1 percent in the euro area and by 1.4 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union
 
As compared to October, in November last year the production of durable goods decreased by one percent in the euro area and was down by 0.3 percent in the EU-28, while the production of non-durable consumer goods rose by 0.1 percent in the euro area and was down 0.1 percent in the EU-28. Meanwhile, the production of intermediate goods rose by 0.7 percent in the euro area and increased by 0.5 percent in the EU-28, month on month. In November 2015, production of capital goods decreased by 1.9 percent in the euro area and was down by 1.3 percent in the EU-28 area, while production of energy decreased by 4.3 percent in the euro area and by 3.5 percent in the EU-28, all month on month.  
 
Among the member states, in November the highest month-on-month decreases were registered in Portugal (-4.9 percent), Malta (-3.7 percent), the Netherlands (-3.1 percent), Estonia and Lithuania (both -2.6 percent), and the highest increases in Greece (+3.3 percent) and Slovakia (+1.9 percent).
 
As compared to the same month of 2014, in November last year production of non-durable consumer goods increased by 1.2 percent in the euro area and by 0.8 percent in the EU-28, while production of intermediate goods increased by 2.1 percent in the euro area and was up by 1.8 percent in the EU-28. In November last year, production of durable consumer goods increased by 1.7 percent both in the euro area and in the EU-28, production of energy fell by 2.8 percent in the euro area and was down by 1.2 percent in the EU-28, while production of capital goods increased by 1.2 percent in the euro area and by two percent in the EU-28, all year on year.
 
Among the member states for which data are available, in November last year the largest year-on-year increases were registered in Ireland (+14.2 percent), Slovakia (+11.9 percent) and Hungary (+7.1 percent); and the largest decreases in the Netherlands (-8.0 percent) and Estonia (-6.2  percent).

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