EU Aug industry output down 1.1%, chems up 0.2%

14 October 2008 11:12  [Source: ICIS news]

LONDON (ICIS news)--Industrial output in the EU decreased by 1.1% in August year-on-year, while production of chemicals and man-made fibres rose by 0.2%, official statistics agency Eurostat said on Wednesday.

In the 15-member eurozone, industrial production fell 0.7% compared to August 2007, while chemicals production was 0.2% lower.

Month-on-month, the production of chemicals was up 2.1% in the 27-member EU and rose by 2.5% in the eurozone.

Total industrial production increased by 0.5% in August in the EU compared with July, and by 1.1% in the eurozone.

Output

August 2008 vs August 2007 (%)

August 2008 vs July 2008 (%)

EU chemicals and man-made fibres

0.2

2.1

Eurozone chemicals and man-made fibres

-0.2

2.5

EU industry

-1.1

0.5

Eurozone industry

-0.7

1.1

Source: Eurostat

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By: Mark Watts
+44 20 8652 3214

< previous article(ICIS Chemical Business podcast November 2, 2009)


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