• Eurozone industrial production rose less than forecast in November

Market news

15 January 2020

Eurozone industrial production rose less than forecast in November

According to estimates from Eurostat, in November 2019 compared with October 2019, seasonally adjusted industrial production rose by 0.2% in the euro area (EA19) and fell by 0.1% in the EU28. Economists had expected a 0.3% increase in the euro area. In October 2019, industrial production fell by 0.9% in the euro area and by 0.6% in the EU28.

In November 2019 compared with November 2018, industrial production decreased by 1.5% in the euro area and by 1.3% in the EU28. Economists had expected a 1.1% decrease in the euro area.

In the euro area in November 2019, compared with October 2019, production of capital goods rose by 1.2% and energy by 0.8%, while production of intermediate goods fell by 0.5%, non-durable consumer goods by 0.7% and durable consumer goods by 0.8%. In the EU28, production of durable consumer goods fell by 0.9%, non-durable consumer goods by 0.6% and intermediate goods by 0.4%, while production of capital goods rose by 0.6% and energy by 0.7%.

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