EU industrial, chemical output continues to fall in October

14 December 2009 11:39  [Source: ICIS news]

LONDON (ICIS news)--Industrial output in the EU decreased by 10.2% in October year on year, while production of chemicals and man-made fibres dropped by 5.4%, official statistics agency Eurostat said on Monday.

In the 16-member eurozone, industrial production in October dropped 11.1% compared to the same month last year, while chemicals production was 5.1% lower.

Month on month, the production of chemicals was up 0.6% in the 27-member EU, while production in the eurozone showed a rise of 0.3%.

Total industrial production fell by 0.7% in October in the EU compared with September, and by 0.6% in the eurozone.

Output	October 2009 vs October 2008 (%)	October 2009 vs September 2009 (%)
EU chemicals and man-made fibres	-5.4%	0.6%
Eurozone chemicals and man-made fibres	-5.1%	0.3%
EU total industry	-10.2%	-0.7%
Eurozone total industry	-11.1%	-0.6%

Source: Eurostat

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By: Lucy Craymer
+44 20 8652 3214

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