• Seasonally adjusted industrial production fell by 0.1% in the euro area

Market news

14 December 2016

Seasonally adjusted industrial production fell by 0.1% in the euro area

In October 2016 compared with September 2016, seasonally adjusted industrial production fell by 0.1% in the euro area (EA19) and by 0.3% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2016 industrial production fell by 0.9% in the euro area and by 0.7% in the EU28. In October 2016 compared with October 2015, industrial production increased by 0.6% in the euro area and by 0.5% in the EU28.

The decrease of 0.1% in industrial production in the euro area in October 2016, compared with September 2016, is due to production of non-durable consumer goods falling by 1.5% and intermediate goods by 0.5%, while production of energy rose by 0.8%, capital goods by 1.0% and durable consumer goods by 1.5%. In the EU28, the decrease of 0.3% is due to production of non-durable consumer goods falling by 0.7% and intermediate goods by 0.5%, while production of energy rose by 0.1%, capital goods by 0.3% and durable consumer goods by 1.1%. Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-3.6%), Sweden (-2.9%) and Luxembourg (-2.2%), and the highest increases in Denmark (+4.7%), Greece (+4.5%), Lithuania (+2.7%) and Latvia (+2.5%).

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.