The FINANCIAL — 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.
Monthly comparison by main industrial grouping and by Member State
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%).
Annual comparison by main industrial grouping and by Member State
The increase of 0.6% in industrial production in the euro area in October 2016, compared with October 2015, is due to production of energy rising by 2.2%, capital goods by 0.9% and intermediate goods by 0.6%, while production of non-durable consumer goods fell by 0.9% and durable consumer goods by 1.4%.
In the EU28, the increase of 0.5% is due to production of capital goods rising by 0.9%, intermediate goods by 0.6% and durable consumer goods by 0.4%, while production of energy fell by 0.1% and non-durable consumer goods by 0.7%.
Among Member States for which data are available, the highest increases in industrial production were registered in Greece (+7.0%), Latvia (+6.7%) and Slovenia (+6.6%), and the largest decreases in Ireland (-6.5%), Malta (-5.7%) and Luxembourg (-2.2%).
