facebook
twitter
rss
account
search
search
 

Industrial production slips in Europe

Jan. 14, 2013 at 3:41 PM   |   Comments

BRUSSELS, Jan. 14 (UPI) -- Europe's industrial production dropped 0.3 percent in November compared with October, the European Union's statistical office Eurostat reported Monday.

Production was also down by the same percentage in both the 27-member EU and the 17-member eurozone, the data branch of the European Commission said.

November marked the second consecutive month of declines. In October, industrial production fell 0.8 percent in the EU and 1 percent in the eurozone.

In November, energy production dropped by 0.7 percent in the larger EU and 1.6 percent in the eurozone. Manufacturing of durable goods fell 1.4 and 1.1 percent, respectively. Intermediate goods production dropped 0.4 percent in the EU and 0.3 percent in the eurozone in the month.

Production of durable goods is down 6.8 percent over the past 12 months in the EU and 7.7 percent in the eurozone.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
Hershey's new logo launched, compared to emoji poop
2
Brazil Air Force, Saab discuss Gripen procurement deal
3
Abercrombie & Fitch axes logos after years of declining sales and bad press
4
The 'Home of the Whopper' to keep headquarters in U.S.
5
Canadian media must broadcast official emergency notifications
Trending News
Video
x
Feedback