According to estimates from Eurostat, in November 2019 compared with October 2019, seasonally adjusted industrial production rose by 0.2% in the euro area (EA19) and fell by 0.1% in the EU28. Economists had expected a 0.3% increase in the euro area. In October 2019, industrial production fell by 0.9% in the euro area and by 0.6% in the EU28.
In November 2019 compared with November 2018, industrial production decreased by 1.5% in the euro area and by 1.3% in the EU28. Economists had expected a 1.1% decrease in the euro area.
In the euro area in November 2019, compared with October 2019, production of capital goods rose by 1.2% and energy by 0.8%, while production of intermediate goods fell by 0.5%, non-durable consumer goods by 0.7% and durable consumer goods by 0.8%. In the EU28, production of durable consumer goods fell by 0.9%, non-durable consumer goods by 0.6% and intermediate goods by 0.4%, while production of capital goods rose by 0.6% and energy by 0.7%.
Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.