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Industrial Production up by 0.7% in Euro Area in October 2010
added: 2010-12-15

In October 2010 compared with September 2010, seasonally adjusted industrial production rose by 0.7% in the euro area (EA16) and by 0.3% in the EU27. In September 2010 production fell by 0.7% and 0.3% respectively.

In October 2010 compared with October 2009, industrial production increased by 6.9% in the euro area and by 6.7% in the EU27.

These estimates are released by Eurostat, the statistical office of the European Union.

Monthly comparison

In October 2010 compared with September 2010, production of capital goods grew by 1.8% in the euro area and by 0.9% in the EU27. Non-durable consumer goods rose by 0.4% and 0.3% respectively. Production of energy increased by 0.4% in the euro area, but fell by 0.2% in the EU27. Intermediate goods gained 0.2% in both zones. Durable consumer goods decreased by 0.1% in the euro area and remained stable in the EU27.

Among the Member States for which data are available, industrial production rose in ten, fell in eleven and remained unchanged in Romania and the United Kingdom. The highest increases were registered in Lithuania (+9.7%), Luxembourg (+6.4%), Estonia (+4.9%) and Greece (+3.6%), and the largest decreases in Ireland (-4.8%), Denmark (-2.8%), Malta (-2.5%) and Portugal (-2.4%).

Annual comparison

In October 2010 compared with October 2009, production of capital goods grew by 12.1% in the euro area and by 11.5% in the EU27. Intermediate goods increased by 7.3% and 8.0% respectively. Non-durable consumer goods rose by 3.6% in the euro area and by 3.9% in the EU27. Durable consumer goods gained 1.9% and 2.7% respectively. Production of energy grew by 0.3% in the euro area, but fell by 0.4% in the EU27.

Among the Member States for which data are available, industrial production rose in nineteen and fell in four. The highest increases were registered in Estonia (+37.3%), Latvia (+21.1%), Lithuania (+17.1%), Slovakia (+13.3%), Germany (+12.1%) Finland (+11.8%) and Poland (+10.4%). The decreases were recorded in Malta (-5.2%), Greece (-4.6%), Portugal (-2.8%) and Spain (-1.9%).


Source: Eurostat

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