By Maximilian Clarke

Industrial output across the eurozone’s 17 member states fell by 2% over September, the EU’s Eurostat office have confirmed.

This compares with a gain of 2.2% for September 2010. Consumer goods have been particularly affected, dropping 3.8%.

Beyone the eurozone, industrial production fell in 11 states, remained constant in the UK, and rose in 10 states.

Portugal, Italy, Ireland- falling 5.8, 4.8 and 3.5% respectively, accoubnted for much of the losses, as did a 2.9% drop in Europe’s strongest economy, Germany. Gains in Sweden, Slovakia, Poland and Slovenia failed to counteract the losses from elsewhere in the Union.


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