Eurozone industrial output increases in May
by ChemOrbis Editorial Team - content@chemorbis.com
According to the data from Eurostat, industrial output in the Eurozone increased by 1.3% on a monthly basis in May after a revised rise of 0.3% in April. It was also up by 4% when compared to the same month of 2016.
The monthly increase in output in May was mainly driven by an increase of 2.3% in production of capital goods, of 1.8% in durable consumer goods, of 1.2% in non-durable consumer goods, of 0.9% in energy and of 0.3% in intermediate goods.
The largest contribution to the monthly rise in industrial output in May came from Lithuania by 3.8%, Romania by3.5% and the Czech Republic by 3.3% while the output in Portugal and Malta posted the largest drops by 1% and 0.9% respectively.
The monthly increase in output in May was mainly driven by an increase of 2.3% in production of capital goods, of 1.8% in durable consumer goods, of 1.2% in non-durable consumer goods, of 0.9% in energy and of 0.3% in intermediate goods.
The largest contribution to the monthly rise in industrial output in May came from Lithuania by 3.8%, Romania by3.5% and the Czech Republic by 3.3% while the output in Portugal and Malta posted the largest drops by 1% and 0.9% respectively.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
