Eurozone industrial production surged unexpectedly in September

According to estimates from Eurostat, in September 2019 compared with August 2019, seasonally adjusted industrial production rose by 0.1% in the euro area (EA19) and by 0.2% in the EU28. Economists had expected a 0.3% decrease in the euro area. In August 2019, industrial production increased by 0.4% in the euro area and remained stable in the EU28. In September 2019 compared with September 2018, industrial production decreased by 1.7% in the euro area and by 1.2% in the EU28. Economists had expected a 2.3% decrease in the euro area.

In the euro area in September 2019, compared with August 2019, production of non-durable consumer goods rose by 1.0% and capital goods by 0.6%, while production of durable consumer goods fell by 0.7%, energy by 0.8% and intermediate goods by 0.9%. In the EU28, production of non-durable consumer goods rose by 0.9% and capital goods by 0.6%, while production of durable consumer goods fell by 0.1%, energy by 0.4% and intermediate goods by 0.7%.

In the euro area in September 2019, compared with September 2018, production of intermediate goods fell by 3.9%, energy by 2.6%, capital goods by 1.4% and durable consumer goods by 0.8%, while production of nondurable consumer goods rose by 1.6%. In the EU28, production of intermediate goods fell by 3.3%, energy by 2.8% and capital goods by 1.0%, while production of durable consumer goods rose by 0.7% and non-durable consumer goods by 2.4%.