The FINANCIAL — In October 2009 compared with September 2009, seasonally adjusted industrial production1 fell by 0.6% in the euro area2 (EA16) and by 0.7% in the EU272. In September3 production increased by 0.2% and 0.1% respectively.
In October 2009 compared with October 2008, industrial production declined by 11.1% in the euro area and by 10.2% in the EU27.
Monthly comparison
"In October 2009 compared with September 2009, production of intermediate goods increased by 1.2% in the euro area and by 0.8% in the EU27. Capital goods remained stable in the euro area, but fell by 0.1% in the EU27. Production of energy declined by 0.3% in both zones. Durable consumer goods dropped by 1.4% in the euro area and by 0.2% in the EU27. Non-durable consumer goods decreased by 1.6% and 1.2% respectively," European Union informs.
Among the Member States for which data are available, industrial production rose in nine, fell in nine and remained stable in Estonia. The highest increases were registered in Finland (+2.2%), Bulgaria (+2.1%), the Netherlands and Poland (both +0.6%), and the largest falls in Slovenia (-3.2%), Ireland (-2.8%) and Germany (-1.8%).
Annual comparison
In October 2009 compared with October 2008, production of non-durable consumer goods fell by 3.5% in the euro area and by 2.9% in the EU27. Production of energy decreased by 6.8% and 7.0% respectively. Intermediate goods declined by 12.4% in the euro area and by 12.0% in the EU27. Durable consumer goods dropped by 14.9% and 12.4% respectively. Capital goods fell by 16.3% in the euro area and by 15.2% in the EU27.
Industrial production fell in all Member States for which data are available, except Ireland (+2.0%) and Poland (+1.1%). The largest decreases were registered in Estonia (-20.9%), Finland (-19.1%) and Slovenia (-18.4%), and the smallest in Romania (-1.4%), Portugal (-5.2%) and the Netherlands (-6.1%).
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