Economy, Europe

Europe's industrial output slightly down in November

Industrial production fell 0.4% in EU, 0.6% in eurozone last November, compared to same month previous year, says Eurostat

Tuba Şahin  | 13.01.2021 - Update : 13.01.2021
Europe's industrial output slightly down in November

ANKARA

Industrial production in Europe last November slipped slightly on an annual basis while seeing a month-on-month rise, Eurostat said on Wednesday.

EU industrial output declined 0.4% in November compared to the same month of the previous year, while climbing 2.3% month-on-month.

"In the EU27, production of energy fell by 5.3% and non-durable consumer goods by 2.6%, while production of intermediate goods rose by 1.7%, durable consumer goods by 1.4% and capital goods by 0.4%," Eurostat said, giving annual basis figures.

Among all member states for which data are available, Ireland (40.8%), Greece (8.8%) and Poland (2.9%) posted the highest increases in the same period, while the figure slipped the most in Bulgaria (minus 5.0%), France (minus 4.9%) and Italy (minus 4.2%).

Industrial output in the eurozone was also down 0.6% year-on-year in November, while rising 2.3% from a month earlier.

Meanwhile, the Turkish Statistical Institute revealed that Turkey's calendar-adjusted industrial production last November surged 11% on a yearly basis.

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