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October European Industrial Production Down 1% from September

Seasonally adjusted European industrial production in October fell by 1.1 percent in the euro area (EA17) and by 0.7 percent in the EU28 compared to September, according to estimates from Eurostat. In September, industrial production decreased by 0.2 percent in the euro area and rose by 0.1 percent in the EU28.

Compared with October 2012, October 2013 industrial production increased by 0.2 percent in the euro area and by 0.8 percent in the EU28. Compared with September, October production of energy fell by 4.0 percent in the euro area and by 2.7 percent in the EU28.

Durable consumer goods decreased by 2.4 percent and 1.5 percent, respectively. Capital goods dropped by 1.3 percent in the euro area and by 0.9 percent in the EU28. Non-durable consumer goods declined by 0.9 percent and 0.8 percent, respectively. Intermediate goods increased by 0.4 percent in the euro area and by 0.5 percent in the EU28.

Among the Member States for which data are available, industrial production fell in 12 and rose in 11. The largest decreases were in Ireland (down 11.6 percent), Malta (down 7.4 percent), the Netherlands (down 3.5 percent) and Sweden (down 1.4 percent), and the highest increases in Lithuania (up 2.2 percent), Denmark (up 1.8 percent), the Czech Republic and Romania (both up 1.7 percent).

Compared to the prior-year period, October production of intermediate goods grew by 1.6 percent in the euro area and by 2 percent in the EU28. Capital goods rose by 1.2 percent and 2.1 percent, respectively. Non-durable consumer goods dropped by 0.6 percent in the euro area and by 0.2 percent in the EU28. Energy decreased by 3.4 percent and 2.9 percent, respectively. Durable consumer goods fell by 5.4 percent in the euro area and by 4.1 percent in the EU28.

Among the Member States for which data are available, industrial production rose in 12 and fell in 11. The highest increases were in Romania (up 10.2 percent), Estonia (up 6.9 percent), Hungary (up 6.1 percent) and the Czech Republic (up 6 percent), and the largest decreases in Malta (down 13.9 percent), Ireland (down 7.5 percent), Sweden (down 6.5 percent) and Greece (down 5.3 percent).

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