EU chemicals production up by 0.7% in November - Eurostat

14 January 2013 10:50  [Source: ICIS news]

LONDON (ICIS)--Chemicals production in the EU rose by 0.7% month on month in November, European statistics agency Eurostat said on Monday.

Eurozone chemicals production in November was up by 1.2%, it added, following a rise of 1.1% in October.

The Eurostat data show that chemicals production increased by 1.7% in the 27-member EU in November year on year, while production rose by 3.0% in the 17-member eurozone.

Europe’s total industrial slowdown continued in November, with industrial production down by 0.3% in both the EU and the eurozone on a seasonally adjusted basis, compared with October.

“Among the Member States for which data are available, industrial production fell in fourteen and rose in seven. The largest decreases were registered in Slovenia (-4.0%), Portugal (-3.4%) and Spain (-2.5%), and the highest increases in Estonia (+4.7%), Latvia and the Netherlands (both +1.0%),” Eurostat said.

On an annual basis, EU industrial production in November was down by 3.3% in the EU and 3.7% in the eurozone.

“Among the Member States for which data are available, industrial production fell in sixteen and rose in five. The largest decreases were registered in Italy (-7.6%), Spain (-7.2%) and Ireland (-6.6%), and the highest increases in Lithuania (+8.9%), Estonia (+6.5%) and Malta (+6.1%),” the agency added.

European industrial and chemicals production


November 2012 vs
October 2012

November 2012 vs 
November 2011

EU chemicals

0.7%

1.7%

Eurozone chemicals

1.2%

3.0%

EU industry

-0.3%

-3.3%

Eurozone industry

-0.3%

-3.7%

Data provided by Eurostat


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



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