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Industrial production down by 0.5% in Euro Area


Industrial production down by 0.5% in Euro Area

According to the data published by Eurostat, the statistical office of the European Union, in October 2019 compared with September 2019, seasonally adjusted industrial production fell by 0.5% in the euro area (EA19) and by 0.4% in the EU28.

In September 2019, industrial production fell by 0.1% in the euro area and rose by 0.1% in the EU28. In October 2019 compared with October 2018, industrial production decreased by 2.2% in the euro area and by 1.7% in the EU28.

In the EU28, production of capital goods fell by 1.6% and energy by 0.4%, while production of non-durable consumer goods rose by 0.2%, intermediate goods by 0.4% and durable consumer goods by 1.5%.

Among Member States for which data are available, the largest decreases in industrial production were registered in Denmark and Greece (both -2.6%), and in Latvia and Lithuania (both -2.3%). The highest increases were observed in Portugal (+3.1%), Slovenia (+2.0%) and Poland (+1.1%).

Source: Eurostat / Link: https://ec.europa.eu/eurostat/documents/2995521/10081956/4-12122019-AP-EN.PDF/2f7cb7ba-ac94-105f-a34c-bc331c5ccedb
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