Market Updates: Industrial Production Down by 0.9% in Euro Area

According to estimates from Eurostat, in December 2018 compared with November 2018, the seasonally adjusted industrial production fell by 0.9% in the Euro area (EA19) and by 0.5% in the EU28.

1. In November 2018, industrial production fell by 1.7% in the Euro area and by 1.2% in the EU28.
2. In December 2018 compared with December 2017, industrial production decreased by 4.2% in the Euro area and by 2.7% in the EU28.
3. The average industrial production for the year 2018, compared with 2017, rose by 1.1% in the Euro area and by 1.3% in the EU28