Euro area industrial output down 0.1 percent in October from September

In October this year, seasonally-adjusted industrial production decreased by 0.1 percent in the euro area and by 0.3 percent in the EU-28, as compared with September, while industrial production in September had fallen by 0.9 percent in the euro area and by 0.7 percent in the EU-28, both on month-on-month basis. In October this year compared with October 2015, industrial production increased by 0.6 percent in the euro area and 0.5 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union. 

 

As compared to September, in October this year the production of durable goods increased by 1.5 percent in the euro area and was up by 1.1 percent in the EU-28, while the production of non-durable consumer goods decreased by 1.5 percent  in the euro area and was down 0.7 percent in the EU-28. In October this year, production of capital goods increased by one percent in the euro area and 0.3 percent in the EU-28, while the production of intermediate goods decreased by 0.5 percent both in the euro area and in the EU-28, all month on month. Meanwhile, production of energy rose by 0.8 percent in the euro area and by 0.1 percent in the EU-28, month on month. 

 

Among the member states, in October the highest month-on-month decreases were registered in Ireland (-3.6%), Sweden (-2.9%) and Luxembourg (-2.2%), and the highest increases in Denmark (+4.7%), Greece (+4.5%), Lithuania (+2.7%) and Latvia (+2.5%).

 

As compared to the same month of 2015, in October this year production of durable consumer goods decreased by 1.4 percent in the euro area and was up by 0.4 percent in the EU-28, production of intermediate goods rose by 0.6 percent both in the euro area and in the EU-28, while production of capital goods increased by 0.9 percent both in the euro area and in the EU-28, all year on year. In October this year, production of non-durable consumer goods decreased by 0.9 percent in the euro area and by 0.7 percent in the EU-28, while production of energy grew by 2.2 percent in the euro area and was down by 0.1 percent in the EU-28, both on year-on-year basis.

 

Among the member states for which data are available, in October of the current year the largest year-on-year increases were registered in Greece (+7.0%), Latvia (+6.7%) and Slovenia (+6.6%), and the largest decreases in Ireland (-6.5%), Malta (-5.7%) and Luxembourg (-2.2%).