Eurozone industrial production up in October
The monthly increase in output in October was mainly driven by an increase of 0.5% in production of non-durable consumer goods while capital goods fell by 0.3% and durable consumer goods by 1.9%.
The largest increases in industrial production in October came from Ireland by 10.6%, Denmark by 2.8% and Croatia by 2.7% while the output in Malta, Portugal and the Netherlands posted the largest decreases by 6.1%, 2.3% and 1.8% respectively.
Meanwhile, the industrial production in the Eurozone increased by 3.7% in October, compared with the same month of 2016. The increase was mostly driven by an increase of 5.3% in intermediate goods, of 4.7% in non-durable consumer goods, of 4.2% in capital goods and of 3.5% in durable consumer goods while while production of energy fell by 0.3%.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Southeast Asian PVC markets supported by Indian demand
- Gradually returning demand offers glimmer of hope in polymer markets
- What propels PE prices higher in China?
- Vietnam PP, PE markets keep rising but some cautiousness remains
- Malaysia PP exports almost triple in February
- Spot ethylene markets rally on diminishing supply in Asia, Europe
- Will European PP markets change direction after 3 months?
- Turkish PP, PE players leaving market for holiday with firm post-Eid expectations
- June PVC hikes exceed expectations in Asia, sustainability under discussion
- Import PS, ABS markets recover amid upstream gains in Egypt