Industrial production down in both the euro area and EU27

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Industrial production down in both the euro area and EU27In September 2012 compared with August 2012, seasonally adjusted industrial production fell by 2.5% in the euro area (EA17) and by 2.3% in the EU27, according to estimates released by Eurostat, the statistical office of the European Union. In August production increased by 0.9% and 0.5% respectively.

In September 2012 compared with September 2011, industrial production dropped by 2.3% in the euro area and by 2.7% in the EU27.

In September 2012 compared with August 2012, production of durable consumer goods fell by 4.3% in the euro area and by 3.7% in the EU27. Capital goods decreased by 3.0% and 2.6% respectively. Non-durable consumer goods declined by 2.8% in the euro area and by 2.1% in the EU27. Intermediate goods dropped by 2.0% and 1.7% respectively. Production of energy fell by 1.8% in the euro area and by 2.6% in the EU27.

Among the Member States for which data are available, industrial production fell in eighteen, rose in four and remained stable in the Netherlands. The largest decreases were registered in Ireland (-12.6%), Portugal (-12.0%), Greece (-4.4%), Sweden (-3.4%), Spain and Latvia (both -2.8%) and France (-2.7%), and the highest increases in Estonia (+2.0%) and Slovakia (+1.4%). Malta stood at -1.7%.

In September 2012 compared with September 2011, production of intermediate goods fell by 4.0% in the euro area and by 4.1% in the EU27. Non-durable consumer goods dropped by 2.3% and 1.8% respectively. Production of energy declined by 1.6% in the euro area and by 2.8% in the EU27. Durable consumer goods decreased by 1.2% and 3.0% respectively. Capital goods fell by 0.8% in the euro area and by 1.2% in the EU27.

Among the Member States for which data are available, industrial production fell in seventeen and rose in six. The largest decreases were registered in Ireland (-12.8%), Portugal (-8.8%), Greece (-7.5%), Spain (-7.0%) and Italy (-4.8%), and the highest increases in Slovakia (+13.0%), Estonia (+8.3%) and Lithuania (+8.0%). Malta stood at + 3.2%.

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