Eurozone industrial output increases in May
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 newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Asian PVC prices cautiously rebound from more than 2-year lows
- Freight rates near pre-Covid levels as pace of normalization accelerates
- Bleak outlook for Q1 keeps European PP, PE buyers sidelined
- PLAST EURASIA 2022: Eyes on Russian and US supplies with demand woes in focus
- December PE offers to SE Asia imply further drops, yet to respond to China
- Has the bear market for Asian PVC almost run its course?
- Demand outlook for crude oil dims amid China worries
- Asian styrene prices rebound from almost two-year lows
- Turkey’s PE market on brink of new drops for December
- Signs of optimism in China PP and PE markets, but caution remains