facebook
twitter
search
search

Industrial production down in Europe

March 13, 2013 at 8:52 AM

BRUSSELS, March 13 (UPI) -- Europe's industrial production dropped 0.4 percent December to January, the European Union's statistical office Eurostat reported Wednesday.

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

January's production figures also showed a decline from January 2012. The production drop in the eurozone came to 1.3 percent. In the EU, production dropped 1.7 percent, Eurostat said.

Month-to-month production of durable goods fell 1.4 percent in the eurozone and 0.4 percent in the EU. Capital goods production dropped 1.2 percent across both regions.

Energy production fell 1 percent in the eurozone and 1.2 percent in the larger EU.

Production of non-durable goods -- items that last three years or less -- rose 0.9 percent in the eurozone and 1.3 percent in the EU, the data agency said.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
JetBlue first major airline to offer direct New York to Cuba flights