EU chemicals production falls 1.5% in September - Eurostat

14 November 2012 11:15  [Source: ICIS news]

LONDON (ICIS)--Chemicals production in the EU in September fell by an estimated 1.5% month on month, European statistics agency Eurostat said on Wednesday.

Production in the eurozone during the same period decreased by 1.4% from August, Eurostat added. In August, chemicals production in the EU had fallen by 0.5% month on month, and was down by 0.8% in the eurozone, according to revised figures.

Production levels in September were still down compared with the previous year. Chemicals production fell by 2.4% year on year in the EU, and was down by 1.5% in the eurozone.

Total September industrial production was down by 2.3% month on month in the EU and by 2.5% in the eurozone. In August, production increased by 0.5% and 0.9%,  respectively.

“Among the Member States for which data are available, industrial production fell in eighteen, rose in four and remained stable in the Netherlands. The largest decreases were registered in Ireland (-12.6%), Portugal (-12.0%), Greece (-4.4%), Sweden (-3.4%), Spain and Latvia (both -2.8%) and France (-2.7%), and the highest increases in Estonia (+2.0%) and Slovakia (+1.4%),” Eurostat said.

Year on year, industrial production dropped by 2.7% in the EU and by 2.3% in the eurozone.

“Among the Member States for which data are available, industrial production fell in seventeen and rose in six. The largest decreases were registered in Ireland (-12.8%), Portugal (-8.8%), Greece (-7.5%), Spain (-7.0%) and Italy (-4.8%), and the highest increases in Slovakia (+13.0%), Estonia (+8.3%) and Lithuania (+8.0%),” Eurostat said.

European industrial and chemicals production

 

September 2012 vs
August 2012

September 2012 vs 
September 2011

EU chemicals

-1.5%

-2.4%

Eurozone chemicals

-1.4%

-1.5%

EU industry

-2.3%

-2.7%

Eurozone industry

-2.5%

-2.3%

Data provided by Eurostat


By: Franco Capaldo
+44 (0)20 8652 3214



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