In October this year, seasonally-adjusted industrial production remained stable in the euro area and increased by 0.3 percent in the EU-27, as compared with September. Industrial production in September this year had decreased by 1.5 percent in the euro area and by 1.4 percent in the EU-27.
In October this year, compared with October 2023, industrial production moved down by 1.2 percent in the euro area and by 0.8 percent in the EU-27 countries. These figures are released by Eurostat, the Statistical Office of the European Union.
As compared to September, in October the production of durable goods decreased by 1.8 percent in the euro area and by 0.7 percent in the EU-27, while the production of capital goods rose by 1.7 percent both in the euro area and in the EU-27, on month-on-month basis. In the given month, output of non-durable consumer goods went down by 2.3 percent in the euro area and by 1.3 percent in the EU-27, both month on month. In October, the production of intermediate goods remained stable in the euro area and went up by 0.2 percent in the EU-27 countries, while the production of energy decreased by 1.9 percent in the euro area and 1.3 percent in the EU-27, all month on month.
Among the member states, in October the highest month-on-month increases were registered in Ireland (5.7%), Denmark (5.4%), and Poland (3.5%), while the biggest decreases were recorded in Lithuania (7.5%), Belgium (6.2%) and Croatia (3.9%).
As compared to the same month of 2023, in October this year production of capital goods decreased by 1.7 percent both in the euro area and in the EU-27. In the same month, production of durable consumer goods was down by 3.2 percent in the euro area and by 1.7 percent in the EU-27, while production of intermediate goods fell by 3.5 percent in the euro area and by 3.1 percent in the EU-27, all year on year. In the given month, production of non-durable consumer goods increased by 3.3 percent in the euro area and by 3.6 percent in the EU-27, while production of energy decreased by one percent in the euro area and 1.4 percent in the EU-27, all on year-on-year basis.
In October, the highest year-on-year decreases were registered in Belgium (7.9%), Germany (4.9%) and Italy (3.6%), while Ireland (15.2%), Denmark (8.6%) and Malta (6.2%) registered the sharpest increases.