Euro area industrial output down 1.1 percent in Oct from Sept

In October this year, seasonally-adjusted industrial production decreased by 1.1 percent in the euro area and by 0.7 percent in the EU-28 as compared with September, while industrial production in September had decreased by 0.2 percent and increased by 0.1 percent month on month in the respective areas. In October this year compared with October 2012, industrial production increased by 0.2 percent in the euro area and by 0.8 percent in the EU-28. These figures are released by Eurostat, the Statistical Office of the European Union.
 
As compared to September this year, in October the production of capital goods decreased by 1.3 percent in the euro area and by 0.9 percent in the EU-28. Meanwhile, in the given month, production of non-durable consumer goods declined by 0.9 percent in the euro area and by 0.8 percent in the EU-28, while production of intermediate goods increased by 0.4 percent in the euro area and by 0.5 percent in the EU-28. In October this year, durable consumer goods fell by 2.4 percent in the euro area and by 1.5 percent in the EU-28, while production of energy fell four percent in the  euro area and 2.7 percent in the EU-28, all month on month.  
 
Among member states for which data are available, in October this year industrial production rose in 11 states and fell in 12 on month-on-month basis. The highest increases were registered in Lithuania (+2.2 percent), Denmark (+1.8 percent), and the Czech Republic and Romania (both +1.7 percent), and the largest decreases in Ireland (-11.6 percent), Malta (-7.4 percent), Netherlands (-3.5 percent) and Sweden (-1.4 percent).
 
As compared to the same month of 2012, in October this year production of non-durable consumer goods decreased by 0.6 percent in the euro area and by 0.2 percent in the EU-28, while production of intermediate goods rose by 1.6 percent in the euro area and by two percent in the EU-28. Production of durable consumer goods dropped by 5.4 percent in the euro area and by 4.1 percent in the EU-28. Production of energy dropped by 3.4 percent in euro area and by 2.9 percent in the EU-28, while production of capital goods increased by 1.2 percent and by 2.1 percent in the respective areas, all year on year.
                                                                                                
Among the member states for which data are available, in October this year industrial production fell in 11 states and rose in 12, on year-on-year basis. The largest decreases were registered in Malta (-13.9 percent), Ireland (-7.5 percent), Sweden (-6.5 percent) and Greece (-5.3 percent), and the highest increases in Romania (+10.2 percent), Estonia (+6.9 percent), Hungary (+6.1 percent) and the Czech Republic (+6 percent).