EU industrial, chems output down nearly 19% in March

13 May 2009 11:18  [Source: ICIS news]

LONDON (ICIS news)--Industrial output in the EU fell 18.8% in March compared with the same month in 2008, while production of chemicals dropped 19.3% year on year, official statistics agency Eurostat said on Wednesday.

In the 16-member eurozone, industrial production in March dropped by 20.2% compared with the same month last year, while chemicals output fell 20.6% year on year.

The production of chemicals in March declined 3.1% against February's figure in the 27-member EU and fell by 4% in the eurozone.

Compared with February, total industrial production in March declined by 1.9% in the EU and by 2.0% in the eurozone.

EU industrial production in March

Output	March 2009 vs March 2008 (%)	March 2009 vs February 2009 (%)
EU chemicals	-19.3	-3.1
Eurozone chemicals	-20.6	-4.0
EU industry	-18.8	-1.9
Eurozone industry	-20.2	-2.0

Source: Eurostat

To discuss issues facing the chemical industry visit ICIS connect

By: Mark Watts
+44 20 8652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly