Growth of industrial production” “

The growth of industrial production in the Eurozone is picking up again. After two consecutive months of significant decline, the seasonal rate relating to November 2005 registered an increase of 1.3% over the previous month (in spite of the significant slowing down of industrial production in Germany, offset by a better than expected performance of France). The figure is complemented by the parallel growth in industrial production of one percent in the 25-member EU. The industrial production categories that present the highest growth are the sectors of energy, consumer durables and capital investments. The countries that have especially contributed to the good result are Ireland (+10,6%), Lithuania (+9,5%) and Holland (+5,0%). Negative growth on the other hand was registered in Finland (-1.6%), Hungary and Luxembourg (-0,6%) and Germany and Sweden (-0,4%). The figures for November consolidate the forecasts of Brussels that indicate an annual rate for 2005 equivalent to but no higher than +3.5% for the Eurozone and +4.0% for the Union as a whole. http://epp.eurostat.cec.eu.int/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2006/PGE_CAT_PREREL_YEAR_2006_MONTH_01/4-18012006-FR-AP.PDF