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Industrial Production Down by 0.1% in Both Euro Area and EU27 in December 2010
added: 2011-02-16

In December 2010 compared with November 2010, seasonally adjusted industrial production fell by 0.1% in both the euro area (EA16) and the EU27. In November 2010 production rose by 1.4% and 1.2% respectively.

In December 2010 compared with December 2009, industrial production grew by 8.0% in the euro area and by 7.7% in the EU27.

Compared with 2009, the average production index for 2010 increased by 7.1% 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 December 2010 compared with November 2010, production of energy grew by 2.4% in the euro area and by 1.7% in the EU27. Capital goods rose by 0.7% and 0.8% respectively. Non-durable consumer goods fell by 0.3% in the euro area and by 0.2% in the EU27. Durable consumer goods decreased by 1.0% and 0.1% respectively. Intermediate goods declined by 1.3% in both zones.

Among the Member States for which data are available, industrial production rose in ten, fell in nine and remained stable in Germany and the Netherlands. The highest increases were registered in Slovenia (+4.2%), Portugal (+3.8%) and Estonia (+1.3%), and the largest decreases in Latvia (-1.9%), Ireland (-1.7%) and Denmark (-1.3%).

Annual comparison

In December 2010 compared with December 2009, production of capital goods grew by 14.8% in the euro area and by 14.5% in the EU27. Intermediate goods increased by 7.8% and 7.9% respectively. Production of energy rose by 5.8% in the euro area and by 3.8% in the EU27. Durable consumer goods gained 2.1% and 1.8% respectively. Non-durable consumer goods grew by 1.9% in the euro area and by 2.5% in the EU27.

Industrial production rose in all Member States for which data are available, except Greece (-5.2%), Malta (-3.1%) and Spain (-0.1%). The highest increases were registered in Estonia (+38.4%), Ireland (+16.9%), Latvia (+15.7%), Lithuania (+14.2%) and Germany (+11.8%).


Source: Eurostat

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