Production fell by 0.3% in both the euro area and the EU27 in November 2012 compared with October according to a statistical bulletin from Eurostat. Production had also fallen in October by 1% in the euro area and 0.8% in the EU27. Using the annual comparison, industrial production fell by 3.7% in the euro area and by 3.3% in the EU27.
Looking at the main components of the monthly index energy production fell by 1.6% in the euro area and 0.7% in the EU27. Durable consumer goods production fell by 1.1% in the euro area and by 1.4% in the EU27, non-durables fell by 1.2% in both zones. Intermediate goods fell by 0.3% and 0.4% respectively. Capital goods was the only component part to show any growth. There was 0.7% growth in capital goods production in the euro area and 0.5% in the EU27.
Over the year to November 2012 durables fell by 7.7% in the euro area and 6.8% in the EU27, non-durables by 3% and 2.7% respectively. Intermediate goods production fell by 4.8% and 4.3% respectively. Capital goods fell by 4.4% in the euro area and 3.7% in the EU27 but energy production increased by 0.5% in the euro area but fell in the EU27 by 0.6%.
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