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EU witnesses November boost to industrial production

18 January 2011
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EU witnesses November boost to industrial productionFurther positive figures for the manufacturing industry have been published by the European Union (EU), showing a rise in industrial production during November 2010.

According to figures from Eurostat, there was a seasonally-adjusted increase across the 27 member states of 1.4 per cent month-on-month.

In addition, this growth is considerably higher than the 0.4 per cent expansion recorded in October 2010, while November witnessed a climb of 7.8 per cent in industrial production compared with the same month of 2009.

The statistical office of the EU has also reported a 1.5 per cent monthly gain in manufacture of intermediate goods in November 2010, expansion in output of capital goods of 2.1 per cent, a dip of 1.2 per cent in durable consumer goods and stable non-durable consumer goods production.

Year-on-year industrial production was up in all but two member states surveyed (Greece and Malta), with the sharpest growth in Estonia, Lithuania and Ireland.

Meanwhile, those considering completing an APICS qualification may also be interested in data from the UK's Office for National Statistics for November 2010 showing a 5.6 per cent rise in the nation's manufacturing index over the year.ADNFCR-3058-ID-800348277-ADNFCR
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