Industrial production up by 1.0% in euro area

Industrial production up by 1.0% in euro area

Industrial production up by 1.0% in euro area

The FINANCIAL -- In November 2017 compared with October 2017, seasonally adjusted industrial production rose by 1.0% in the euro area (EA19) and by 0.9% in the EU28, according to estimates from Eurostat, the statistical office of the European Union.

In October 2017, industrial production rose by 0.4% in the euro area and by 0.5% in the EU28.

In November 2017 compared with November 2016, industrial production increased by 3.2% in the euro area and by 3.5% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The increase of 1.0% in industrial production in the euro area in November 2017, compared with October 2017, is due to production of capital goods rising by 3.0%, durable consumer goods by 1.6%, intermediate goods by 1.1% and non-durable consumer goods by 0.1%, while production of energy remained unchanged.

In the EU28, the increase of 0.9% is due to production of capital goods rising by 2.4%, durable consumer goods by 1.4%, intermediate goods by 0.9%, energy by 0.4% and non-durable consumer goods by 0.2%.

Among Member States for which data are available, the highest increases in industrial production were registered in the Czech Republic and Germany (both +3.6%), and Luxembourg (+3.4%), and the largest decreases in Ireland (-9.4%), Croatia (-3.6%) and Hungary (-2.1%).

Annual comparison by main industrial grouping and by Member State

The increase of 3.2% in industrial production in the euro area in November 2017, compared with November 2016, is due to production of capital goods rising by 6.2% and both intermediate and durable consumer goods by 4.6%, while production of energy fell by 3.4% and non-durable consumer goods by 0.1%.

In the EU28, the increase of 3.5% is due to production of capital goods rising by 6.8%, intermediate goods by 4.8%, durable consumer goods by 4.6% and non-durable consumer goods by 0.3%, while production of energy fell by 2.0%.

Among Member States for which data are available, the highest increases in industrial production were registered in Slovenia (+9.9%), Romania (+9.3%) and the Czech Republic (+8.5%). Decreases were observed in Ireland (-10.1%), the Netherlands (-4.7%), Denmark (-2.7%) and Croatia (-1.6%).