Eurozone industrial output increased more than expected in Oct
The data revealed that production of durable consumer goods rose 1.8% month over month in October while production of non-durable goods and capital goods also increased 1.4% and 0.4%, respectively. Energy production climbed 0.6% in October from a month earlier. However, production of intermediate goods slipped 0.1%.
Across the region, the largest decreases in industrial production on a monthly basis were reported in Greece (-2.4%), Denmark and Finland (both -0.9%) while the largest increases were seen in Lithuania (+11.3%), the Netherlands (+4.3%), Portugal (+3.9%) and Ireland (+3.4%).
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Bullish price environment continues in Egypt’s PP, PE markets
- Unexpected plant shutdown fails to cease local PP downturn in Indonesia
- Export PVC prices out of China provide competitive edge
- European PP, PE set for 6th bullish month, is peak near?
- Caution reigns China PP market amid scant demand, low import supply
- Major producer leads way in higher April PP, PE pricing in Saudi Arabia
- European PVC set to rise for 11th month in April
- Suez Canal blockage: Global shipping faces another challenge
- Aggressive PP offers from China continue to find way to Turkey, Vietnam
- Stats: China’s total PE imports in Jan-Feb hit fresh record high