Industrial production was down by 0.3% the EU and in the euro area in November 2012 compared with October

Eurostat announced that in November 2012 compared with October 2012, seasonally adjusted industrial production fell by 0.3% in both the euro area and the EU. The largest decreases were registered in Slovenia, Portugal and Spain, and the highest increases in Estonia, Latvia and the Netherlands.

Eurostat, the statistical office of the European Union, published the latest figures on the industrial production in the euro area and in the EU. According to estimates released by Eurostat, industrial production down by 0.3% in euro area and in the EU in November 2012 compared with October 2012. In November 2012 compared with November 2011, industrial production dropped by 3.7% in the euro area and by 3.3% in the EU. The industrial production in the EU was up by 0.2% in February 2012 in comparison with January 2012.

With regard to the figures by Member States, industrial production fell in fourteen and rose in seven. The largest decreases were registered in Slovenia (-4.0%), Portugal (-3.4%) and Spain (-2.5%), and the highest increases in Estonia (+4.7%), Latvia and the Netherlands (both +1.0%). In November 2012 compared with the same month in 2011, the largest decreases were registered in Italy (-7.6%), Spain (-7.2%) and Ireland (-6.6%), and the highest increases in Lithuania (+8.9%), Estonia (+6.5%) and Malta (+6.1%).

In November 2012 compared with October 2012, production of energy fell by 1.6% in the euro area and by 0.7% in the EU. Non-durable consumer goods decreased by 1.2% in both zones. Production of durable consumer goods declined by 1.1% in the euro area and by 1.4% in the EU. Intermediate goods dropped by 0.3% and 0.4% respectively. Capital goods grew by 0.7% in the euro area and by 0.5% in the EU.