Euro area industrial output up 1.8 percent in Nov over Oct

Tuesday, 14 January 2014 17:02:47 (GMT+3)   |   Istanbul
       

In November last year, seasonally-adjusted industrial production increased by 1.8 percent in the euro area and by 1.5 percent in the EU-28 as compared with October, while industrial production in October had decreased by 0.8 percent and by 0.5 percent month on month in the respective areas. In November last year compared with November 2012, industrial production increased by three percent in both areas. These figures are released by Eurostat, the Statistical Office of the European Union.
 
As compared to last October, in November of the past year the production of capital goods increased by three percent in the euro area and by 2.6 percent in the EU-28. Meanwhile, in the given month, production of non-durable consumer goods rose by 1.4 percent in the euro area and by 0.9 percent in the EU-28, while production of intermediate goods increased by one percent in the euro area and by 0.8 percent in the EU-28. In November last year, durable consumer goods increased by 2.2 percent in the euro area and by 1.5 percent in the EU-28, while production of energy rose 1.8 percent in the euro area and by 1.2 percent in the EU-28, all month on month.  
 
Among member states for which data are available, in November last year industrial production rose in 16 states, fell in six and remained stable in three. The highest increases were registered in Ireland (+11.7 percent), Sweden (+6.4 percent), Malta (+3.8 percent), Croatia (+3.0 percent), the Netherlands (+2.5 percent) and Germany (+2.4 percent), and the largest decreases in Lithuania (-3.5 percent), Denmark (-3.0 percent) and Greece (-2.2 percent).
 
As compared to the same month of 2012, in November last year production of non-durable consumer goods increased by 3.1 percent in the euro area and by 2.7 percent in the EU-28, while production of intermediate goods rose by 3.3 percent in the euro area and by 3.5 percent in the EU-28. Production of durable consumer goods dropped by 0.8 percent in the euro area and by 0.3 percent in the EU-28. Production of energy dropped by 0.5 percent in euro area and by 1.4 percent in the EU-28, while production of capital goods increased by 4.4 percent and by 4.7 percent in the respective areas, all year on year.
                                                                                                
Among the member states for which data are available, in November last year industrial production fell in six states and rose in 19, on year-on-year basis. The largest decreases were registered in Malta (-8.6 percent) and Greece (-6.2 percent), and the highest increases in Ireland (+13.2 percent), Slovakia (+12.7 percent), the Czech Republic (+8.8 percent) and Romania (+8.7 percent).