OREANDA-NEWS. In October 2015 compared with September 2015, seasonally adjusted industrial production rose by 0.6% in the euro area (EA19) and by 0.5% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In September 2015 industrial production fell by 0.3% in the euro area and remained stable in the EU28.

In October 2015 compared with October 2014, industrial production increased by 1.9% in the euro area and by 2.4% in the EU28.

Monthly comparison by main industrial grouping and by Member State

The increase of 0.6% in industrial production in the euro area in October 2015, compared with September 2015, is due to production of durable consumer goods rising by 1.8%, capital goods by 1.4%, energy by 0.6% and nondurable consumer goods by 0.4%, while production of intermediate goods fell by 0.1%. In the EU28, the increase of 0.5% is due to production of durable consumer goods rising by 1.2%, capital goods by 1.0%, energy by 0.8%, non-durable consumer goods by 0.2% and intermediate goods by 0.1%. Among Member States for which data are available, 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%).

Annual comparison by main industrial grouping and by Member State

The increase of 1.9% in industrial production in the euro area in October 2015, compared with October 2014, is due to production of durable consumer goods rising by 4.2%, capital goods by 3.5%, intermediate goods by 1.5%, non-durable consumer goods by 0.7% and energy by 0.2%. In the EU28, the increase of 2.4% is due to production of capital goods rising by 4.0%, durable consumer goods by 3.3%, intermediate goods by 1.6%, energy by 1.2% and non-durable consumer goods by 1.0%. Among Member States for which data are available, 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%).