EU's industrial production down 1.3% in November 2019

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16:53, 15/01/2020, WednesdayU: Update: 16:55, 15/01/2020, Wednesday
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EU's industrial production down 1.3% in November 2019
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Eurostat says highest annual rise in industrial production recorded in Hungary, with largest decline in Greece

Industrial production in the European Union dropped by 1.3% in November 2019 year-on-year, the bloc's statistical office announced on Wednesday.

"In November 2019, compared with November 2018, production of intermediate goods fell by 2.3%, capital goods by 2.1% and energy by 1.5%, while production of non-durable consumer goods rose by 1.8% and durable consumer goods by 1.9%," the Eurostat said.

Among member countries, the largest drop in industrial production were registered in Greece (-8.3%), Romania (-7.5%) and Estonia (-7.2%).

"The highest increases were observed in Hungary (5.7%), Poland (5.6%) and Finland (3.7%)," it added.

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