Industrial production up 0.2% in Nov 2006

16 Jan '07

2 min read

Seasonally adjusted industrial production1 increased by 0.2% in the euro area (EA12) in November 2006 compared to October 2006. Production fell by 0.1% in October3 and by 1.0% in September. In the EU25 output rose by 0.3% in November, after remaining unchanged in October and decreasing by 0.5% in September.

In November 2006 compared to November 2005, industrial production grew by 2.5% in the euro area and by 2.8% in the EU25. These estimates are released by Eurostat, the Statistical Office of the European Communities.

Monthly comparison:
In November 2006 compared to October 2006, production of capital goods grew by 1.2% in the euro area and by 1.3% in the EU25. Durable consumer goods increased by 1.0% and 0.9% respectively.

Production of energy rose by 0.9% in the euro area and by 1.1% in the EU25. Non-durable consumer goods remained unchanged in both zones. Intermediate goods decreased by 0.1% in the euro area and by 0.2% in the EU25.

In November 2006, and among the EU25 Member States for which data are available, industrial production rose in ten Member States and fell in nine.

The highest increases were registered in Portugal (+3.8%), Finland (+2.5%), Luxembourg (+2.2%) and the Netherlands (+2.1%), while the largest decreases were recorded in Ireland (-7.7%), Greece (-2.4%), Latvia (-1.6%) and Belgium (-1.2%).

Annual comparison:
In November 2006 compared to November 2005, production of durable consumer goods increased by 4.9% in the euro area and by 6.6% in the EU25. Capital goods grew by 4.9% and 6.1% respectively.

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