Industrial production up by 0.7% in euro area Up by 0.3% in EU27

In October 2010 compared with September 2010, seasonally adjusted industrial production rose by 0.7% in the euro area (EA16) and by 0.3% in the EU27. In September 20103 production fell by 0.7% and 0.3% respectively. In October 2010 compared with October 2009, industrial production increased by 6.9% in the euro area and by 6.7% in the EU27. These estimates are released by Eurostat, the statistical office of the European Union.

In October 2010 compared with September 2010, production of capital goods grew by 1.8% in the euro area and by 0.9% in the EU27. Non-durable consumer goods rose by 0.4% and 0.3% respectively. Production of energy increased by 0.4% in the euro area, but fell by 0.2% in the EU27. Intermediate goods gained 0.2% in both zones. Durable consumer goods decreased by 0.1% in the euro area and remained stable in the EU27. Among the Member States for which data are available, industrial production rose in ten, fell in eleven and remained unchanged in Romania and the United Kingdom. The highest increases were registered in Lithuania (+9.7%), Luxembourg (+6.4%), Estonia (+4.9%) and Greece (+3.6%), and the largest decreases in Ireland (-4.8%), Denmark (-2.8%), Malta (-2.5%) and Portugal (-2.4%).

In October 2010 compared with October 2009, production of capital goods grew by 12.1% in the euro area and by 11.5% in the EU27. Intermediate goods increased by 7.3% and 8.0% respectively. Non-durable consumer goods rose by 3.6% in the euro area and by 3.9% in the EU27. Durable consumer goods gained 1.9% and 2.7% respectively. Production of energy grew by 0.3% in the euro area, but fell by 0.4% in the EU27. Among the Member States for which data are available, industrial production rose in nineteen and fell in four. The highest increases were registered in Estonia (+37.3%), Latvia (+21.1%), Lithuania (+17.1%), Slovakia (+13.3%), Germany (+12.1%) Finland (+11.8%) and Poland (+10.4%). The decreases were recorded in Malta (-5.2%), Greece (-4.6%), Portugal (-2.8%) and Spain (-1.9%). 

News source: Eurostat link: article

Industrial production down by 0.9% in euro area Down by 0.5% in EU27

In September 2010 compared with August 2010, seasonally adjusted industrial production fell by 0.9% in the euro area (EA16) and by 0.5% in the EU272. In August 20103 production rose by 1.1% and 0.9% respectively. In September 2010 compared with September 2009, industrial production increased by 5.2% in the euro area and by 5.8% in the EU27.

In September 2010 compared with August 2010, production of non-durable consumer goods fell by 0.6% in the euro area and by 0.3% in the EU27. Production of energy declined by 0.9% and 0.7% respectively. Intermediate goods decreased by 1.3% in the euro area and by 0.7% in the EU27. Capital goods dropped by 1.3% and 0.8% respectively. Durable consumer goods fell by 3.0% in the euro area and by 2.5% in the EU27. Among the Member States for which data are available, industrial production rose in ten, fell in ten and remained stable in France. The highest increases were registered in Ireland (+7.9%), Estonia (+3.6%) and Denmark (+2.7%), and the most significant decreases in Malta (-5.6%), Greece (-5.4%) and Portugal (-4.7%).

In September 2010 compared with September 2009, production of capital goods grew by 7.5% in the euro area and by 8.7% in the EU27. Intermediate goods increased by 6.8% and 7.5% respectively. Production of energy rose by 1.8% in the euro area and by 0.8% in the EU27. Non-durable consumer goods gained 1.6% and 2.5% respectively. Durable consumer goods fell by 0.2% in the euro area, but increased by 2.2% in the EU27. Industrial production rose in all Member States for which data are available, except Greece (-7.6%), Portugal (-2.4%) and Spain (-1.4%). The highest increases were registered in Estonia (+31.1%), Latvia (+19.0%), the Czech Republic (+12.2%), Poland (+12.1%) and Ireland (+10.9%).

News source: Eurostat link: article

Indices of industrial production and stocks in industry, Slovenia, September 2010

In September 2010 the production of industrial products and services decreased, while stocks stayed almost the same as in the previous month. Industrial production in September lower than in August. Industrial production in September 2010 decreased by 2% compared to the previous month and increased by 5% compared to September 2009. In the first nine months of 2010 compared to the same period of the previous year industrial production grew by 6%.

In September industrial production higher only in one activity. Compared to the previous month, industrial production increased only in electricity, gas, steam and air conditioning supply, namely by 6%, while it decreased in mining and quarrying (by 10%) and in manufacturing (by almost 2%). Compared to the same month of the previous year, in September 2010 an increase in industrial production occurred in mining and quarrying - by almost 23%, in manufacturing by 4% and in electricity, gas, steam and air conditioning supply by almost 14%. Compared to the same period of the previous year, industrial production in the first nine months of this year slightly decreased in electricity, gas, steam and air conditioning supply (by 0.2%), while it increased in mining and quarrying (by almost 11%) and in manufacturing (by more than 6%).

Compared to the previous month, industrial production lower in all industrial groupings. Compared to August 2010, industrial production in September 2010 decreased in all industrial groupings: in intermediate goods industries by almost 2%, in capital goods industries by 2% and in consumer goods industries by 0.3%. Compared to September 2009, industrial production was higher in two industrial groupings: in intermediate goods industries (by more than 10%) and in capital goods industries (by more than 3%). In the first nine months of 2010 compared to the same period of the previous year industrial production increased in all three industrial groupings.

The value of stocks of industrial products remained almost the same as in the previous month.

Compared to the previous month, in September 2010 the value of stocks of industrial products stayed almost the same. The value of stocks compared to September 2009 decreased, namely by almost 6%. A 12% decrease was recorded also in the first nine months of the current year compared to the same period of 2009. In comparison with the previous month, in September 2010 the value of stocks of industrial products increased in mining and quarrying (by almost 2%), while they remained almost the same in manufacturing. The value of stocks of industrial products slightly decreased in almost all industrial groupings.

News source: Statistical Office of the Republic of Slovenia link: article

Croatia: Industrial production increased by 3.1% y/y in September

Industrial production (working day-adjusted) increased by 3.1% y/y in September, thus outperforming both the market and our above-market expectations. The figures were mostly supported by energy (+10.0% y/y) and non-durable consumer goods (+5.4% y/y).

The deterioration in capital goods production over the last few months finally came to an end in September (+5.2% y/y). Intermediaries remained in negative territory, down 3.8% y/y. Industrial production contracted by 1.3% on the annual level, with a 6.7% y/y contraction of intermediaries the strongest burden.

For the remainder of the year, we expect ongoing stabilization, although we are not expecting the y/y rate to accelerate beyond low positive figures. With external demand showing some signs of moderation, due to the recovery slowdown on external markets, the domestic market (as suggested by new orders) should be more supportive for the remainder of the year.

News source: Balkans.com link: article

Industrial production in Montenegro recorded growth in September

Results of regular monthly researches of Monstat, the Statistical Office of Montenegro, show that the industrial production in Montenegro is recording growth according to all indicators. Compared to the same month last year, the growth amounts to 55.2 percent, and compared to the previous month to 27.9 percent. Compared to the average one-month production from the previous year, growth amounted to 12.2 percent. In the period from January to September, the production grew by 9.6 percent in regards to the same period last year. Two sectors recorded a growth compared to the same period last year – ore and stone mining by 36.2 percent and electricity, gas and water production by 48.1 percent.

News source: Limun.hr link: article

Industrial production up by 1.0% in euro area Up by 0.8% in EU27

In August 2010 compared with July 2010, production of capital goods grew by 3.0% in the euro area and by 2.6% in the EU27. Durable consumer goods rose by 1.8% and 1.4% respectively. Intermediate goods increased by 1.4% in the euro area and by 1.0% in the EU27. Non-durable consumer goods fell by 0.2% in the euro area and remained stable in the EU27. Production of energy dropped by 0.7% and 0.3% respectively. Among the Member States for which data are available, industrial production rose in eighteen, fell in three and remained stable in France. The highest increases were registered in Greece (+5.6%), Lithuania and Slovenia (both +5.2%) and Portugal (+3.8%). The decreases were observed in Ireland (-13.6%), Denmark (-6.6%) and Sweden (-4.0%).

In August 2010 compared with August 2009, production of capital goods grew by 11.2% in the euro area and by 10.6% in the EU27. Intermediate goods increased by 10.8% and 10.2% respectively. Durable consumer goods rose by 7.3% in the euro area and by 7.6% in the EU27. Non-durable consumer goods gained 4.0% and 4.3% respectively. Production of energy grew by 0.7% in the euro area and by 0.2% in the EU27. Industrial production rose in all Member States for which data are available, except Greece (-3.0%) and Denmark (-0.9%). The highest increases were registered in Estonia (+22.9%), Latvia (+20.5%), Poland (+13.2%), Luxembourg (+11.8%), Germany and Slovenia (both +11.5%).

News source: Eurostat link: publication

Indexes for industrial production in Montenegro, August 2010

Industrial production in Montenegro increased in August compared to the same month in the previous year  31.5%, for period January-August of this year compared to the same period in the previous year 5.6 %, while it decreased compared to average monthly production from the previous year 12.3% and compared to the previous month  14.2%.      

At sector level, for period January-August of this year compared to the same period of previous year two sectors increased : mining and quarrying 36.2% and production of electricity, gas and water 38.7% , while manufacturing industry decreased in the observed period 14.4%.     

  

News source: Monstat link: publication

Croatian industrial production expected to be down again in August

Foreign demand is not strong enough to supplement weak domestic demand and reverse the negative trends in Croatia's industrial production, say analysts in anticipation of August's results.

Although the majority of European economies have left the recession, their demand - while having a positive influence on Croatian exports - is not big enough to encourage growth of industrial production. July was the first time trade registered a slight positive growth of 0.7 per cent after 21 months of consecutive drops.

August's results are expected to be slightly better than those in July when industrial production was 1.8 per cent lower than the same month last year. Analysts expect a year on year drop of 0.9 per for August, the portal Business writes.



News source: Croatiantimes.com link: article

Industrial new orders down by 2.4% in euro area

In July 2010 compared with June 2010, the euro area1 (EA16) industrial new orders index fell by 2.4%. In June the index increased by 2.4%. In the EU27, new orders declined by 2.3% in July 2010, after a rise of 2.5% in June. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders fell by 0.6% in the euro area and by 0.5% in the EU27.
In July 2010 compared with July 2009, industrial new orders grew by 11.2% in the euro area and by 12.5% in the EU27. Total industry excluding ships, railway & aerospace equipment rose by 13.6% and 14.8% respectively.

News source: Eurostat link: publication

Turnover and new orders in Industry, Slovenia, July 2010

Turnover in July 2010 slightly lower than in the previous month.Data show that compared to June 2010 turnover in July 2010 decreased by more than 2%. Compared to July 2009 it increased by 11%. Turnover also went up in the first seven months of 2010 compared to the same period of the previous year, namely by 9%.

Turnover in industry in July 2010 compared to the previous month higher only in mining and quarrying In comparison with the previous month, data for July 2010 show a decrease in turnover in manufacturing by more than 2%, while in mining and quarrying turnover increased by almost 2%. Compared to July 2009, turnover was higher in both activities: in mining and quarrying by almost 4% and in manufacturing by 11%. In the first seven months of this year compared to the same period of the previous year turnover also increased: in mining and quarrying by more than 5% and in manufacturing by 9%.



News source: Statistical Office of the Republic of Slovenia link: publication

Albanian quarterly gross domestic product

Economic activity increased by 2.0 percent compared with the first quarter of 2009, while is increased by 1.8 percent compared with the fourth quarter of 2009. Comparing this quarter with previous one the industries that had higher grow thrate were industrygroup with 19.9 percent and transport with 3.5 percent. Meanwhile, post and communication decreased by 9.0 percent and construction continue decreases by 4.3 percent compared with the fourth quarter 2009.
 
In this quarter the industries that had higher growthrate compared with the first quarter of 2009 were industry group, transport and trade respectively with 27.5 percent, 11.4 and 4.8 percent. A negative grow thrate during this quarter compared with the same one of previous year singed construction with 21.1 percent. Agriculture group, during this quarter increased by 0.9 percent compare with previous quarter and increasedby 2.3 percent compared with the same quarterof 2009.






News source: INSTAT link: publication

Industrial production stable in both euro area and EU27

In July 2010 compared with June 2010, seasonally adjusted industrial production remained stable in both the euro area2 (EA16) and the EU27. In June3 production fell by 0.2% in the euro area, but rose by 0.1% in the EU27.
In July 2010 compared with July 2009, industrial production increased by 7.1% in the euro area and by 6.8% in the EU27.



News source Eurostat link: publication