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...
- ABS, PS uptrend falters in China after H1 2020 ends at multi-month highs
- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?