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News : European Last Updated: Nov 12, 2009 - 4:30:33 PM


Eurozone industrial production expanded 0.3% in September
By Finfacts Team
Nov 12, 2009 - 1:17:06 PM

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Eurozone industrial production in the month of September 2009 expanded 0.3% and production grew by 0.2% in the EU27.

In August production increased by 1.2% and 0.8% respectively.

In the year to September 2009, industrial production dipped by 12.9% in the Eurozone and by 12.1% in the EU27, according to the EU statistics office, Eurostat.

Non-durable consumer goods grew by 1.1% and 0.6% in the Eurozone and the EU27 respectively.

Intermediate goods rose by 0.6% in the Eurozone and by 0.1% in the EU27. Production of energy fell by 2.1% and 1.4% respectively. Durable consumer goods declined by 6.0% in the euro area and by 4.8% in the EU27.

Among the member states for which data are available, industrial production rose in seven, fell in eleven and remained stable in the Netherlands. The highest increases were registered in Ireland (+11.2%) After a fall of (-16.0%) in August, Germany (+3.0%) and Sweden (+1.6%), and the most significant falls in Italy (-5.3%), Portugal (-3.3%) and Bulgaria (-2.6%).

Annual comparison

In the year to September 2009, production of non-durable consumer goods fell by 0.4% in the Eurozone and by 0.5% in the EU27. Production of energy decreased by 7.8% and 8.4% respectively. Intermediate goods declined by 16.0% in the Eurozone and by 15.5% in the EU27. Durable consumer goods dropped by 17.3% and 15.1% respectively. Capital goods fell by 18.2% in the Eurozone and by 17.4% in the EU27.

Industrial production fell in all member states for which data are available. The largest decreases were registered in Estonia (-29.5%), Finland (-23.2%) and Bulgaria (-19.3%), and the smallest in Ireland (-0.7%), Poland (-1.3%), and Romania (-3.6%).

The Eurozone (EA16) includes Belgium, Germany, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).

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