Industrial production down by 0,3% in euroa area & EU27

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November 2012 compared with October 2012 Industrial production down by 0.3% in euro area and EU27

In November 2012 compared with October 2012, seasonally adjusted industrial production fell by 0.3% in both the euro area (EA17) and the EU27, according to estimates released by Eurostat, the statistical office of the European Union. In October production decreased by 1.0% and 0.8% respectively.

In November 2012 compared with November 2011, industrial production dropped by 3.7% in the euro area and by 3.3% in the EU27.

In November 2012 compared with October 2012, production of energy fell by 1.6% in the euro area and by 0.7% in the EU27. Non-durable consumer goods decreased by 1.2% in both zones. Production of durable consumer goods declined by 1.1% in the euro area and by 1.4% in the EU27. Intermediate goods dropped by 0.3% and 0.4% respectively. Capital goods grew by 0.7% in the euro area and by 0.5% in the EU27.

Among the Member States for which data are available, industrial production fell in fourteen and rose in seven. The largest decreases were registered in Slovenia (-4.0%), Portugal (-3.4%) and Spain (-2.5%), and the highest increases in Estonia (+4.7%), Latvia and the Netherlands (both +1.0%). Malta stood at -0.4%.

In November 2012 compared with November 2011, production of durable consumer goods fell by 7.7% in the euro area and by 6.8% in the EU27. Intermediate goods dropped by 4.8% and 4.3% respectively. Capital goods decreased by 4.4% in the euro area and by 3.7% in the EU27. Non-durable consumer goods declined by 3.0% and 2.7% respectively. Production of energy increased by 0.5% in the euro area, but fell by 0.6% in the EU27.

Among the Member States for which data are available, industrial production fell in sixteen and rose in five. The largest decreases were registered in Italy (-7.6%), Spain (-7.2%) and Ireland (-6.6%), and the highest increases in Lithuania (+8.9%), Estonia (+6.5%) and Malta (+6.1%).

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