The 2020 Mid-Year Economic Update_long

European Industrial Production Up 1.5% in November

Industrial production up 1.6 percent in the EU28.

European seasonally adjusted industrial production rose by 1.5 percent in November in the euro area (EA19) and by 1.6 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October, industrial production rose by 0.1 percent in the euro area and fell by 0.1 percent in the EU28.

In November 2016 compared with November 2015, industrial production increased by 3.2 percent in the euro area and by 3.1 percent in the EU28.

The increase of 1.5 percent in industrial production in the euro area in November 2016, compared with October 2016, is due to production of non-durable consumer goods rising by 2.9 percent, intermediate goods by 1.6 percent, energy by 1.2 percent and capital goods by 0.1 percent, while production of durable consumer goods fell by 0.1 percent.

In the EU28, the increase of 1.6 percent is due to production of non-durable consumer goods rising by 2.8 percent, both intermediate goods and energy by 1.7 percent, capital goods by 0.3 percent and durable consumer goods by 0.1 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+16.3 percent), Denmark (+4.6 percent) and Croatia (+3.7 percent), while decreases were observed in Greece and Portugal (both -0.9 percent).

The increase of 3.2 percent in industrial production in the euro area in November 2016, compared with November 2015, is due to production of energy rising by 5.9 percent, non-durable consumer goods by 3.7 percent, capital goods by 3.1 percent and intermediate goods by 2.5 percent, while production of durable consumer goods fell by 0.8 percent.

In the EU28, the increase of 3.1 percent is due to production of energy rising by 4.4 percent, non-durable consumer goods by 3.6 percent, intermediate goods by 2.9 percent, capital goods by 2.7 percent and durable consumer goods by 0.6 percent.

Among Member States for which data are available, the highest increases in industrial production were registered in Ireland (+14.6 percent), Latvia (+11 percent) and Denmark (+10.7 percent), while decreases were observed in Malta and Sweden (both -0.8 percent).

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