Nov 2023 industrial production down 0.3% MoM in euro area, 0.2% in EU

Industrial production decreased by 0.7 per cent month on month (MoM) in the euro area and by 0.5 per cent MoM in the EU in October last year.

It decreased by 6.8 per cent year on year (YoY) in the euro area and by 5.8 per cent YoY in the EU during November last year, an Eurostat release said.

In the euro area, the largest monthly decreases were registered in Greece, Slovakia and Belgium, and the highest increases were observed in Denmark, Slovenia and Portugal.

Among EU member states, the largest annual decreases were registered in Ireland, Belgium and Bulgaria, and the highest increases were noticed in Denmark, Croatia and Sweden.

ALCHEMPro News Desk (DS)