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- Eurozone industrial production surged unexpectedly in September
Eurozone industrial production surged unexpectedly in September
According to estimates from Eurostat, in September 2019 compared with August 2019, seasonally adjusted industrial production rose by 0.1% in the euro area (EA19) and by 0.2% in the EU28. Economists had expected a 0.3% decrease in the euro area. In August 2019, industrial production increased by 0.4% in the euro area and remained stable in the EU28. In September 2019 compared with September 2018, industrial production decreased by 1.7% in the euro area and by 1.2% in the EU28. Economists had expected a 2.3% decrease in the euro area.
In the euro area in September 2019, compared with August 2019, production of non-durable consumer goods rose by 1.0% and capital goods by 0.6%, while production of durable consumer goods fell by 0.7%, energy by 0.8% and intermediate goods by 0.9%. In the EU28, production of non-durable consumer goods rose by 0.9% and capital goods by 0.6%, while production of durable consumer goods fell by 0.1%, energy by 0.4% and intermediate goods by 0.7%.
In the euro area in September 2019, compared with September 2018, production of intermediate goods fell by 3.9%, energy by 2.6%, capital goods by 1.4% and durable consumer goods by 0.8%, while production of nondurable consumer goods rose by 1.6%. In the EU28, production of intermediate goods fell by 3.3%, energy by 2.8% and capital goods by 1.0%, while production of durable consumer goods rose by 0.7% and non-durable consumer goods by 2.4%.
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