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Industrial Production Down by 0.6% in Euro Area in October 2009
added: 2009-12-15

In October 2009 compared with September 2009, seasonally adjusted industrial production fell by 0.6% in the euro area (EA16) and by 0.7% in the EU27. In September 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.

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%).


Source: Eurostat

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