Brussels, 13/11/2008 (Agence Europe) - According to estimates made public by Eurostat on Wednesday 12 November, seasonally adjusted industrial production fell by 1.6% in the eurozone and by 1.1% in the EU27 in September 2008 compared to August 2008. The production of nondurable consumer goods fell by 0.4% in the eurozone and by 0.5% in the EU27. Energy production fell by 0.8% and 0.2% respectively. Investment goods fell by 1.8% in the eurozone and by 1.7% in the EU27. Consumer durables declined by 2.5% and 1.4% respectively. Intermediary goods were down by 2.6% in the eurozone and by 2.0% in the EU27. Industrial production was up in 11 member states and down in 9. The largest increases were notched up in Slovakia (+5.7%), Lithuania (+3.1%) and Poland (+3.0%) and the largest falls were in Germany (-3.7%), Greece (-2.9%) and Portugal (-2.8%).
In annual terms (September 2008/September 2007), industrial production was down 2.4% in the eurozone and by 2.1% in the EU27. The production of energy fell by 0.6% in the eurozone and by 0.1% in the EU27. Investment goods fell by 0.9% and 1.1% respectively. Non-durable consumer goods declined by 2.1% in both zones. Intermediary goods were down 3.5% in the eurozone and by 3.0% in the EU27. Consumer durables declined by 6.7% and 4.7% respectively. Industrial production increased in seven member states and fell in 13. The larger increases were in Lithuania (+7.3%), Slovakia (+5.4%) and Ireland (+3.9%), while the strongest falls were noted in Spain (-8.8%), Italy (-5.7%) and Latvia (-5.4%). (O.L./transl.jl)