Euro zone industrial production falls 1.1% in July m-o-m
Industrial production had risen in June 2016 by 0.8% in the euro zone and by 0.7% in the EU28.
The decrease in industrial production in the euro area is due to production of capital goods falling by 1.7%, energy by 1.4%, durable consumer goods by 0.7% and intermediate goods by 0.5%, while production of non-durable consumer goods remained unchanged.
In the EU28, the decrease of 1.0% is due to production of capital goods falling by 2.1%, durable consumer goods by 0.6%, intermediate goods by 0.4% and energy by 0.2%, while production of non-durable consumer goods rose by 0.2%.
Among Member States for which data are available, the largest decreases in industrial production were registered in Slovakia (-15.9%), the Czech Republic (-9.7%) and the Netherlands (-5.8%), and the highest increases in Estonia (+4.5%), Ireland (+3.7%) and Denmark (+2.3%).
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm
- Uptrend in China’s import PP market continues but cautious mood returns
- Hikes in Asia July PVC offers baffle some buyers, further rally under discussion
- Optimism is rising on resurgent demand in European polymer markets
- European PVC producers ungenerous in Turkey: Prices up 21% in a month