Eurozone industrial production boosted by consumer goods

Eurozone industrial production has improved by 0.6% and EU28 industrial production by 0.5% between September and October, Eurostat released

The increase is largely due to the production of durable consumer goods rising by 1.8%, capital goods by 1.4%, energy by 0.6% and non-durable consumer goods by 0.4%, while production of intermediate goods fell by 0.1%.

The highest increases in industrial production were registered in Lithuania (+11.3%), the Netherlands (+4.3%), Portugal (+3.9%) and Ireland (+3.4%), and the largest decreases in Greece (-1.2%), Denmark and Finland (both -0.9%).

Compared to October 2014, the production of durable consumer goods rose by 4.2%, that of capital goods by 3.5%, intermediate goods by 1.5%, non-durable consumer goods by 0.7% and energy by 0.2%.

Based on the annual figures, the highest increases in industrial production were registered in Ireland (+14.6%), Lithuania (+6.5%), the Czech Republic and Croatia (both +6.4%), and the largest decreases in the Netherlands (-2.6%), Estonia (-2.1%) and Greece (-1.9%).

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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