• Industrial production fell by 0.8% in the euro area

Market news

14 November 2016

Industrial production fell by 0.8% in the euro area

In September 2016 compared with August 2016, seasonally adjusted industrial production fell by 0.8% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In August 2016 industrial production rose by 1.8% in the euro area and by 1.6% in the EU28. In September 2016 compared with September 2015, industrial production increased by 1.2% in both zones.

The decrease of 0.8% in industrial production in the euro area in September 2016, compared with August 2016, is due to production of durable consumer goods falling by 5.6%, capital goods by 2.2%, intermediate goods by 0.7% and energy by 0.2%, while production of non-durable consumer goods rose by 0.3%. In the EU28, the decrease of 0.7% is due to production of durable consumer goods falling by 3.7%, capital goods by 1.6%, energy by 0.6%, non-durable consumer goods by 0.4% and intermediate goods by 0.1%. Among Member States for which data are available, the largest decreases in industrial production were registered in Denmark (-8.1%), Germany (-1.9%) and Greece (-1.8%), and the highest increases in Sweden (+7.6%), Ireland (+6.4%) and Estonia (+5.2%).

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