Eurozone industrial production falls below estimates in Jan
On a yearly basis, however, factory output in the eurozone rose 1.2% in January after a 0.6% increase in the previous month. The increase was attributed to energy production rising by 2.9%, non-durable consumer goods by 2.7%, durable goods by 2.5%, capital goods by 1.4% and intermediate goods by 0.7% compared with the same period of the last year.
The data also showed that among EU member states, the largest increases in industrial production on yearly basis were reported in Ireland (+8.8%), Malta (+8.1%) and Hungary (+7.8%) while the steepest decreases were seen in Croatia (-4.9%), Finland (-4.2%) and Latvia (-3.5%).
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Asia PVC markets see longest rising streak ever on extreme tightness
- Africa polymers: October offers higher amid reduced availability
- Stable to softer PE trend prevails in Europe amid soft demand, poor netbacks
- Turkey’s PP and PE markets move up, but riddled with uncertainties
- India, SEA PVC markets unlikely to take respite from bullish run for November
- Southeast Asia PET markets move sideways during China’s absence
- Egypt’s import PE market up on tight supply, domestic offers follow suit
- Will European PS, ABS track divergent paths for another month?
- Turkey PP and PE regain premium over China, LDPE fails to make a sprint
- Strong netbacks and demand trigger exodus of PVC from China to export markets