EU chemicals production up 0.2% in January - Eurostat

12 March 2014 11:50  [Source: ICIS news]

LONDON (ICIS)--Chemicals production in the EU increased by 0.2% in January 2014 compared with the previous month, statistics agency Eurostat said on Wednesday.

Chemicals production levels in January in the eurozone, however, fell by 0.1% month on month, Eurostat added. Year-on-year data for January was not available.

Total industrial production rose by 0.1% in the EU but fell 0.2% in the eurozone month on month in January, according to Eurostat.

“The decrease of 0.2% in industrial production in the euro area in January 2014, compared with December 2013, is due to production of energy falling by 2.5% and durable consumer goods by 0.6%, while intermediate goods remained almost stable at -0.1%. Non-durable consumer goods increased by 0.4% and capital goods by 0.9%,” Eurostat said.

In the EU, “the increase of 0.1% is due to production of capital goods rising by 1.3%, durable consumer goods by 0.8% and intermediate goods by 0.4%, while non-durable consumer goods fell by 0.4% and energy by 1.7%,” it added.

On a year-on-year basis, total industrial production in January grew by 2.1% in the eurozone and by 2.4% in the EU.

“The highest increases in industrial production were registered in Luxembourg (+12.7%), Romania (+10.5%), Poland (+6.4%) and Hungary (+6.1%), and the largest decreases in Malta (-12.0%), Latvia (-11.0%), Lithuania (-7.6%) and Finland (-7.1%),” Eurostat said.

January 2014 vs December 2013

January 2014 vs January 2013

EU chemicals

0.2%

N/A

Eurozone chemicals

-0.1%

N/A

EU industry

0.1%

2.4%

Eurozone industry

-0.2%

2.1%


 

 

 

 

 


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



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