Eurozone industrial output growth slows in September
The monthly decrease in output in September was mainly driven by a fall of 1.6% in production of capital goods, of 0.9% in both energy and durable consumer goods while non-durable consumer goods slightly increased by 0.1%.
The largest decreases in industrial production in September came from Portugal by 6.7%, Denmark by 3.7% and the Greece by 3.6% while the output in the Netherlands and Sweden posted the largest increases by 4.3% and 2.4% respectively.
Meanwhile, the industrial production in the Eurozone increased by 3.3% in September, compared with the same month of 2016. The increase was attributed to an increase of 6.9% in consumer goods while energy output declined by 1.7%.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- PET sellers hunt for signs of market bottom in Europe
- India’s import PP, PE markets rebound in Jan after several months of declines
- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops