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October rise in EU industrial production
15 December 2010
The 27 European Union (EU) nations saw a 0.3 per cent rise in industrial production during October 2010, new figures show.
According to the Eurostat data, compared with September, the region saw output of capital goods climb by 0.9 per cent and non-durable consumer goods by 0.3 per cent.
The euro area witnessed stronger seasonally-adjusted jumps in industrial production, of 0.7 per cent overall, 1.8 per cent for capital goods and 0.4 per cent for non-durable consumer items.
Eurostat's latest figures for industrial activity follow declines in September 2010, with production dipping by 0.3 per cent over the month.
Industrial output stood 6.7 per cent higher year-on-year across the EU27 in October 2010.
In the UK, production remained unchanged over the period in question, operations management professionals may be interested to learn.
The Office for National Statistics recently reported a rise in UK production during October, rising 3.3 per cent in 12 months.
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