Industrial production down by 0.3% in euro-zone

STAT/05/8
18 January 2005
November 2004 compared to October 2004
Industrial production down by 0.3% in euro-zone
EU25 down by 0.2%
Seasonally adjusted industrial production1 fell by 0.3% in the euro-zone2 in November 2004 compared to October
2004, Eurostat, the Statistical Office of the European Communities, estimates today. Production fell by 0.6% in
October3 after a rise of 0.7% in September. Output in the EU25 declined by 0.2% in November 2004, after a fall of
0.4% in October3 and a rise of 0.6% in September.
In November 2004 compared to November 2003, industrial production rose by 0.5% in the euro-zone and by 0.9%
in the EU25.
Euro-zone and EU25 production,
total industry excluding construction
Euro-zone, seasonally adjusted series
Trendline
EU25, seasonally adjusted series
Trendline
103
102
101
100
99
2000=100
11-2004
10-2004
09-2004
08-2004
07-2004
06-2004
05-2004
04-2004
03-2004
02-2004
01-2004
12-2003
11-2003
10-2003
09-2003
08-2003
07-2003
06-2003
05-2003
04-2003
03-2003
02-2003
01-2003
12-2002
11-2002
98
Monthly comparison
In November 2004, compared to October 2004, non-durable consumer goods increased by 0.2% in the euro-zone
and by 0.1% in the EU25. In both zones the energy sector gained 0.1%, while intermediate goods remained
unchanged. Durable consumer goods declined by 0.7% in the euro-zone and by 0.8% in the EU25. Capital goods
decreased by 1.5% and 1.1% respectively.
In November 2004, and among the Member States for which data are available, industrial production rose in
fourteen Member States and fell in seven. The highest increases were registered in Portugal (+5.6%), Greece
(+3.6%), Spain (+2.5%) and Slovenia (+1.8%), while the largest decreases were recorded in Ireland (-6.3%),
Sweden (-2.8%), Estonia (-2.2%) and Finland (-1.9%).
Annual comparison
In November 2004, compared to November 2003, the energy sector rose by 2.6% in the euro-zone and by 1.6% in
the EU25. Intermediate goods gained 0.8% and 1.2% respectively. Capital goods increased by 0.7% in the eurozone and by 1.9% in the EU25. Non-durable consumer goods rose by 0.3% and by 0.1% respectively. Durable
consumer goods declined by 3.4% in the euro-zone and by 1.5% in the EU25.
In November 2004, and among the Member States for which data are available, industrial production rose in fifteen
Member States, fell in five and remained stable in the United Kingdom. The highest increases were registered in
Poland (+8.8%), Hungary (+7.7%), the Czech Republic (+7.4%) and Luxembourg (+6.9%), while the only
decreases were recorded in Ireland (-10.3%), Portugal (-2.7%), Denmark (-1.9%), Slovenia (-1.1%) and
Germany (-0.4%).
1.
2.
3.
4.
For methodology, see News Release 38/2000 of 23 March 2000 and for the currently used weights, see News Release
68/2003 of 17 June 2003.
Euro-zone: Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and
Finland.
Data of previous months have been revised compared to those issued in the News Release 153/2004 of 17 December
2004. The figures for October 2004 were -0.5% in the euro-zone and -0.3% in the EU25 for the monthly changes, and
+1.0% in both the euro-zone and the EU25 for the yearly changes.
Total industry (excluding construction). According to the Council Regulation 1165/98 Eurostat publishes national seasonally
adjusted data if available. For the other Member States (the Czech Republic, Greece, Spain, Cyprus, Latvia, Luxembourg
and Austria) Eurostat performs the adjustment. This means that different methodologies are used to make the seasonal
adjustment of the national series.
The seasonally adjusted euro-zone, EU25 and EU15 series are calculated by aggregating the working day adjusted series
from individual Member States and performing an adjustment for seasonal effects on these series. Therefore the seasonally
adjusted figures for total industry (excluding construction) is based directly on the working day adjusted series coming from
the Member States and not on an aggregation of the seasonally adjusted indices from the Member States. The eurozone, EU25 and EU15 seasonally adjusted growth rates might differ from the weighted growth rates of the individual
Member States (see Methodology of the industrial production index).
This procedure also implies that the aggregation of the overall figures is not based on the published details (intermediate,
capital, durable, non-durable goods, energy).
Issued by:
Eurostat Press Office
Philippe BAUTIER
BECH Building
L-2920 LUXEMBOURG
Tel:+352-4301-33 444
Fax:+352-4301-35 349
[email protected]
For further information on data:
Carmen LIPP-LINGUA
Tel:+352-4301-35 253
Fax:+352-4301-34 359
[email protected]
Eurostat news releases on the Internet:
http://europa.eu.int/comm/eurostat/
Industrial production - monthly variation
% change compared with previous month*
Jun-04
Euro-zone
Total industry4
Intermediate goods
Energy
Capital goods
Durable consumer goods
Non-durable consumer goods
EU25
Total industry4
Intermediate goods
Energy
Capital goods
Durable consumer goods
Non-durable consumer goods
Total industry4
*
:
*
Jul-04
Aug-04
Sep-04
Oct-04
Nov-04
-0.1
0.0
0.1
0.0
-1.5
-0.2
0.3
1.0
-0.1
0.2
1.0
0.2
-0.6
-0.7
0.6
-0.3
-2.7
-0.2
0.7
0.2
-0.2
1.1
0.3
0.1
-0.6
-0.3
-1.4
-0.2
-0.6
-0.7
-0.3
0.0
0.1
-1.5
-0.7
0.2
0.0
0.0
0.2
-0.1
-1.1
0.0
0.1
0.8
0.2
0.1
0.8
-0.2
-0.6
-0.5
-1.0
-0.3
-1.0
0.0
0.6
0.0
-0.4
1.0
-0.5
0.1
-0.4
-0.3
-0.7
0.0
-0.1
-0.4
-0.2
0.0
0.1
-1.1
-0.8
0.1
Jun-04
Jul-04
Aug-04
Sep-04
Oct-04
Nov-04
Euro-zone
EU25
EU15
-0.1
0.0
0.0
0.3
0.1
0.0
-0.6
-0.6
-0.3
0.7
0.6
0.5
-0.6
-0.4
-0.5
-0.3
-0.2
-0.1
Belgium
Czech Republic
Denmark
Germany
Estonia
Greece
Spain
France
Ireland
Italy
Cyprus
Latvia
Lithuania
Luxembourg
Hungary
Malta
Netherlands
Austria
Poland
Portugal
Slovenia
Slovakia
Finland
Sweden
United Kingdom
0.9
1.7
0.1
-1.0
-1.2
-1.7
0.7
0.7
-1.6
-0.7
-0.4
2.0
3.9
5.0
1.6
:
2.8
0.7
-0.2
1.2
-1.7
-0.8
-0.9
-2.9
-0.2
1.3
2.4
0.3
1.1
4.0
1.5
-0.5
-0.4
15.4
0.4
1.7
0.1
-1.5
-2.2
-0.2
:
-1.2
0.9
-1.0
-2.2
-0.5
-2.0
2.5
-1.3
-0.4
0.2
-3.4
-3.1
-0.7
0.7
-3.7
-0.2
-2.1
-15.8
-0.7
-2.2
0.1
0.9
1.8
-2.8
:
-1.0
2.0
-0.5
-2.1
-0.9
2.4
-0.5
2.1
-1.1
-0.2
0.0
2.0
0.0
0.6
3.2
0.8
3.2
4.3
0.4
2.0
0.6
1.6
-0.8
3.4
:
0.5
-1.0
1.7
5.0
0.6
0.8
-1.3
0.9
-0.3
0.1
2.9
-3.0
0.4
0.3
-4.2
-1.7
-0.8
4.2
-0.2
0.6
-0.7
0.4
0.2
2.4
:
-0.9
-0.5
1.1
-6.4
-2.4
-1.6
1.0
2.1
-0.2
-0.2
-0.2
0.8
-1.7
-2.2
3.6
2.5
0.1
-6.3
:
:
1.1
0.5
1.3*
0.9
:
1.3
:
0.7
5.6
1.8
1.0
-1.9
-2.8
0.2
Seasonally adjusted, missing values for euro-zone, EU25 and EU15 aggregates are estimated.
Data not available.
Estimated by Member State
Industrial production - annual variation
% change compared with same month of the previous year*
Jun-04
Euro-zone
Total industry4
Intermediate goods
Energy
Capital goods
Durable consumer goods
Non-durable consumer goods
EU25
Total industry4
Intermediate goods
Energy
Capital goods
Durable consumer goods
Non-durable consumer goods
Total industry4
Euro-zone
EU25
EU15
Belgium
Czech Republic
Denmark
Germany
Estonia
Greece
Spain
France
Ireland
Italy
Cyprus
Latvia
Lithuania
Luxembourg
Hungary
Malta
Netherlands
Austria
Poland
Portugal
Slovenia
Slovakia
Finland
Sweden
United Kingdom
*
:
*
Jul-04
Aug-04
Sep-04
Oct-04
Nov-04
3.5
3.0
2.4
6.4
1.7
1.1
2.7
3.5
1.6
4.0
0.5
0.2
2.0
2.2
1.3
4.9
-1.0
0.8
3.5
3.2
3.9
6.4
-1.6
1.3
1.1
1.2
-1.5
4.3
-3.0
-0.7
0.5
0.8
2.6
0.7
-3.4
0.3
3.5
3.4
1.6
6.8
3.2
0.8
2.6
3.5
1.6
4.5
2.3
-0.6
1.9
2.7
0.1
5.1
1.9
0.0
3.1
3.1
1.6
6.2
0.7
0.5
1.1
1.4
-2.1
4.4
-0.2
-1.0
0.9
1.2
1.6
1.9
-1.5
0.1
Jun-04
Jul-04
Aug-04
Sep-04
Oct-04
Nov-04
3.5
3.5
3.1
2.7
2.6
2.2
2.0
1.9
1.5
3.5
3.1
2.8
1.1
1.1
0.7
0.5
0.9
0.5
2.6
13.4
2.4
4.4
6.4
0.7
3.6
4.2
0.5
0.7
-0.8
6.2
18.3
14.4
9.0
:
5.7
6.6
13.2
-0.3
5.6
2.6
5.6
2.7
1.2
4.6
17.0
1.5
3.7
8.2
2.1
1.7
2.0
11.8
-0.8
0.7
3.9
6.9
7.7
7.9
:
4.9
6.6
8.5
-4.0
3.2
0.8
7.2
2.3
0.2
5.7
6.7
-2.0
5.0
8.0
0.5
1.5
-0.1
-11.0
-3.3
-4.3
5.1
4.5
6.0
3.8
:
1.6
9.4
8.6
-5.1
2.4
5.8
7.3
4.6
-0.6
4.1
6.8
-0.1
5.2
6.2
0.0
3.2
3.1
5.4
0.7
-0.8
3.4
10.5
5.8
7.0
:
2.1
8.0
9.4
-2.9
1.4
5.0
5.1
5.8
-0.9
3.5
10.8
-2.9
3.1
6.4
-3.6
-1.5
0.7
-5.5
-0.5
0.2
2.4
5.0
5.2
8.4
:
-1.7
6.2
8.4
-7.0
-3.0
0.2
7.1
7.0
-1.7
2.9
7.4
-1.9
-0.4
4.5
2.8
3.9
1.7
-10.3
:
:
5.3
5.6
6.9*
7.7
:
1.5
:
8.8
-2.7
-1.1
2.5
3.1
1.8
0.0
Working day adjusted, missing values for euro-zone, EU25 and EU15 aggregates are estimated.
Data not available.
Estimated by Member State
Production indices for total industry excluding construction
seasonally adjusted
(base year 2000)
11/03
12/03
01/04
02/04
03/04
04/04
05/04
06/04
07/04
08/04
09/04
10/04
11/04
Euro-zone
101.3
101.4
100.9
101.4
101.6
102.0
102.5
102.4
102.8
102.1
102.8
102.2
102.0
EU25
101.3
101.5
101.4
101.7
101.9
102.4
102.8
102.7
102.9
102.3
102.9
102.5
102.3
EU15
100.3
100.5
100.3
100.5
100.7
101.0
101.5
101.5
101.4
101.1
101.7
101.2
101.1
BE
102.2
103.9
102.5
103.7
104.0
103.7
103.5
104.5
105.8
106.0
105.7
105.9
105.6
CZ
130.4
129.1
130.0
130.5
136.1
135.3
135.7
137.9
141.2
136.5
136.5
140.5
140.3
DK
102.9
99.2
103.5
104.3
101.1
105.3
104.4
104.5
104.8
101.6
103.6
100.5
101.3
DE
101.6
101.1
101.7
101.3
101.0
102.5
103.4
102.4
103.5
102.8
102.8
103.2
101.4
EE
134.9
132.2
131.7
133.7
133.1
135.2
137.9
136.2
141.7
142.7
143.6
144.1
140.9
EL
97.7
101.6
97.0
99.3
101.6
101.6
102.1
100.4
101.9
98.1
101.3
97.0
100.5
ES
100.8
101.2
100.4
101.9
102.7
101.9
102.5
103.2
102.7
102.5
103.4
101.6
104.2
FR
99.9
100.2
99.7
100.8
101.3
100.8
101.3
102.0
101.6
99.5
102.7
101.9
102.0
IE
133.5
131.5
122.7
123.6
126.4
128.7
123.1
121.1
139.7
117.6
122.7
127.9
119.8
IT
97.7
97.7
97.2
97.5
97.3
97.8
97.8
97.1
97.5
96.8
97.2
97.0
:
CY
109.6
110.1
109.9
111.4
108.9
110.0
107.3
106.9
108.7
106.2
108.3
108.9
:
LV
125.2
128.5
127.4
131.6
132.6
134.0
128.2
130.7
130.9
131.0
131.8
130.9
132.3
LT
145.2
148.8
145.6
149.1
149.9
152.0
147.9
153.6
151.3
152.6
155.1
155.7
156.5
LU
112.0
110.6
117.0
116.4
118.4
116.6
115.2
120.9
118.3
120.5
119.5
119.7
121.3*
HU
119.3
123.5
120.4
123.0
121.8
121.4
122.0
124.0
123.7
120.2
124.3
127.3
128.4
MT
:
:
:
:
:
:
:
:
:
:
:
:
:
NL
98.5
96.6
99.4
101.2
101.2
97.3
98.3
101.1
99.9
98.9
99.4
98.5
99.8
AT
106.4
106.4
107.8
108.1
109.8
110.5
111.0
111.7
112.8
115.1
113.9
113.4
:
PL
116.3
115.6
120.6
124.0
125.6
129.3
124.7
124.5
123.2
122.6
124.7
126.1
127.0
PT
103.1
104.3
97.7
97.8
102.0
99.4
99.7
100.9
98.7
96.6
101.4
94.9
100.2
SI
106.9
104.8
105.3
104.1
104.5
103.3
109.1
107.2
106.7
105.7
106.3
103.8
105.7
SK
123.5
123.2
123.2
126.5
127.3
125.0
127.0
126.0
123.5
126.5
127.5
125.4
126.7
FI
104.0
104.8
102.1
102.4
103.5
103.9
108.6
107.6
110.3
109.7
108.3
109.4
107.3
SE
102.2
103.6
105.7
104.4
102.6
105.5
107.6
104.5
103.1
105.3
106.2
108.4
105.4
UK
95.9
95.9
95.9
95.5
95.9
96.7
97.0
96.8
96.4
95.3
95.0
94.8
95.0
:
Data not available.
* Estimated by Member State
Belgium (BE), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Greece (EL), Spain (ES), France (FR), Ireland (IE), Italy
(IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL),
Portugal (PT), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).
Production indices for total industry excluding construction
working day adjusted
(base year 2000)
11/01 11/02
11/03 12/03 01/04 02/04 03/04 04/04 05/04 06/04 07/04 08/04 09/04 10/04 11/04
Euro-zone
103.8 106.0 107.1
98.6
97.2
99.6 108.8 102.3 102.5 106.0 103.7
81.0 106.8 109.5 107.7
EU25
104.1 105.8 107.1
99.3
97.7
99.7 109.1 102.6 102.8 105.6 101.6
84.9 106.3 109.3 108.0
EU15
103.7 105.2 106.0
98.2
96.8
98.9 108.0 101.3 101.5 104.5 100.7
83.2 105.1 107.9 106.5
103.2 104.5 104.9 102.8
CZ
124.4 132.1 142.6 122.5 126.6 123.4 149.6 143.5 139.3 139.9 129.8 123.3 133.2 148.0 153.2
DK
113.8 111.1 111.6
95.4 102.1 100.3 107.0 100.4 103.0 107.4
DE
103.2 106.5 107.5
97.3
EE
119.2 128.8 143.0 136.2 129.4 128.9 141.7 136.6 145.8 141.3 124.7 143.3 146.2 153.6 149.4
EL
98.7
99.9
99.8 101.4 111.3 104.6 104.6 110.4
95.5
97.5
98.9 111.7 113.6 108.0
BE
85.4 103.3 109.8 109.0 109.5
97.2 107.5 102.1 101.0 104.5 104.0
97.5 102.8 103.0 105.6 107.5 111.3
94.5 107.7 108.9 107.1
96.7
86.8
ES
102.6 105.2 106.4
92.4
97.5 101.2 108.5 101.1 107.4 109.0 110.3
72.7 106.0 108.0 110.6
FR
103.7 103.3 103.8 101.5
99.4
72.5 106.2 111.3 105.6
99.4 110.4 101.9
96.5 107.9 100.4
88.1 107.4
97.0 100.1
97.3
IE
111.3 123.5 138.5 127.7 113.2 123.6 134.5 135.9 126.5 131.9 120.9 108.2 125.1 130.8 124.2
IT
101.6 104.1 104.0
98.1 104.5 101.3 106.5
52.2 101.6 104.7
:
CY
102.3 102.7 106.4 111.4 103.6 100.6 111.1 111.1 111.1 113.5 122.3
83.9 115.0 115.4
:
LV
115.0 126.6 131.0 136.8 123.5 127.3 138.9 133.7 126.6 127.4 123.3 125.1 130.6 137.7 138.0
93.3
94.3
97.9 105.5
LT
127.5 128.1 153.9 157.2 143.7 151.0 155.5 149.2 136.0 148.7 145.9 147.1 156.9 163.6 162.5
LU
107.4 115.6 119.0 104.4 121.5 116.1 127.6 119.5 118.4 124.2 115.4
HU
115.0 123.6 132.3 123.0 112.3 115.8 127.9 118.3 119.7 123.6 115.5 110.6 129.5 138.1 142.5
MT
:
:
:
:
:
:
93.6 117.3 127.1 127.2*
:
:
:
:
:
NL
108.7 108.1 107.9 101.1 103.6 108.7 107.9
96.5
92.7
98.1
87.6
84.2
AT
108.9 110.8 113.2 110.2
PL
103.6 111.9 122.2 120.9 111.9 113.2 129.0 128.9 125.1 123.7 117.9 120.1 128.7 133.5 132.9
PT
109.7 104.4 106.8
95.8 100.7
96.0 107.6
97.6 103.3 101.3 107.2
76.0 103.3 101.5 103.9
SI
107.0 110.2 112.3
96.6
97.1 108.2 101.7 112.0 108.6 103.6
89.4 108.6 109.7 111.1
97.8 103.3 113.6 111.8 112.4 116.1 109.4
99.9
:
:
:
:
99.1 102.5 109.5
99.8 119.2 119.8
:
SK
116.6 128.5 133.7 120.6 118.3 122.3 133.1 121.7 127.9 128.0 115.7 117.6 128.6 136.8 137.1
FI
109.0 114.7 115.0 100.7
SE
105.2 105.2 108.6 112.2 101.0 106.7 107.8 112.9 112.7 112.2
75.8
92.5 110.2 110.6 110.6
UK
102.1 100.8 100.1
93.4
88.7
94.3
92.1
93.3
90.7 106.9 105.6 112.9 106.1
94.3 104.5
94.7
95.1
96.3
95.5 109.2 115.5 125.6 118.6
96.3 100.3 100.2
:
Data not available.
* Estimated by Member State
Belgium (BE), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Greece (EL), Spain (ES), France (FR), Ireland (IE), Italy
(IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL),
Portugal (PT), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).