Analytics, EU – Baltic States, Industry, Markets and Companies

International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 17:51

In November, industrial production decreased by 0.1% in EU

BC, Riga, 14.01.2015.Print version
In November 2014, compared with November 2013, industrial production fell by 0.9% in Latvia, which is the seventh largest reduction among all European Union (EU) member states for which data are available, according to estimates from "Eurostat", the statistical office of the EU, informs LETA.

Just like Latvia, industrial production in Finland fell by 0.9%.

 

The largest year-on-year decrease was registered in Sweden – by 3.9%, the Netherlands – 3.5%, and Slovakia – 3.3%.

 

The largest year-on-year industrial production increase was registered in Ireland – 35.8%, Hungary – 5.8%, Estonia – 4.9%, and the Czech Republic – 4.7%.

 

In Lithuania, industrial production increased by 4.3% in November, year-on-year.

 

Year-on-year industrial production decreased in a total of nine countries, but increased in 15.

 

In November 2014, compared with November of last year, industrial production decreased by 0.1% in the EU, and by 0.4% in the euro-area.

 

Meanwhile, when compared to the previous month, industrial production increased by 0.2% in the EU and by 0.1% in the eurozone.

 

In November, compared to October, industrial production in Latvia decreased by 1.7%, which is second largest reduction.

 

The largest decreases were registered in Lithuania – a 2% reduction, as well as Latvia, Malta – by 1.4%.

 

The highest monthly increases in industrial production were registered in Ireland – 4.6%, Hungary – 3.3%, and Croatia – 2.7%.

 

In Estonia, month-on-month industrial production increased by 1.5%.






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