Eurozone industrial production dropped sharply by -2.1% mom in December, much worse than expectation of -0.4% mom. In the month, production of capital goods fell by- 4.0%, intermediate goods by -1.7%, non-durable consumer goods by -1.3%, durable consumer goods by -1.1% and energy by -0.5%.
EU27 industrial production dropped -2.0% mom. Among Member States for which data are available, the largest decreases in industrial production were registered in Ireland (-6.2%), Hungary (-3.8%) and Poland (-3.0%). The highest increases were observed in Denmark (+7.2%), Portugal (+2.9%) and Greece (+2.5%).
