Euro area industrial output down 1.7 percent in November from October

Tuesday, 15 January 2019 14:58:47 (GMT+3)   |   Istanbul
       

In November last year, seasonally-adjusted industrial production decreased by 1.7 percent in the euro area and by 1.3 percent in the EU-28, as compared with October. Industrial production in October had increased by 0.1 percent both in the euro area and in the EU-28, on month-on-month basis. In November last year compared with November 2017, industrial production fell by 3.3 percent in the euro area and by 2.2 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 capital goods fell by 2.3 percent in the euro area and by 1.6 percent in the EU-28, while the production of non-durable consumer goods decreased by one percent in the euro area and by 0.6 percent in the EU-28. In November last year, the production of energy was down by 0.6 percent in the euro area and by 0.5 percent in the EU-28, and the production of durable goods fell by 1.7 percent in the euro area and by one percent in the EU-28, all month on month. Meanwhile, the production of intermediate goods moved down by 1.2 percent in the euro area and by 1.1 percent in the EU-28, month on month.

Among the member states, in November the highest month-on-month decreases were registered in Ireland (7.5%), Portugal (2.5%), and Germany and Lithuania (both 1.9%), and the highest increases in Estonia (4.5%), Greece (3.1%) and Malta (2.6%).

As compared to the same month of 2017, in November 2018 production of energy decreased by 5.2 percent in the euro area and declined by 4.3 percent in the EU-28. In the same month, production of intermediate goods fell by three percent in the euro area and by 2.2 percent in the EU-28, and production of capital goods moved down by 4.5 percent in the euro area and by three percent in the EU-28, all year on year. In November last year, production of non-durable consumer goods fell by 0.1 percent in the euro area and rose by 0.7 percent in the EU-28 and production of durable consumer goods was down by 3.5 percent in the euro area and by 1.4 percent in the EU-28, all year-on-year basis.

Among the member states for which data are available, in November the largest year-on-year decreases were registered in Ireland (9.1%), Germany (5.1%), Portugal (2.9%) and Spain (2.8%), while the highest increases were observed in Estonia (7.9%), Poland (5.3%) and Hungary (3.5%).


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