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After a few months of relative stability, industrial production is going up again, with the notable exception of Denmark.
According to the latest data provided by Eurostat, Europe is experiencing a period of relative stability, and even growth, in industrial production.
The figures relating to November 2017 show that industrial production – while down nearly half a point in October 2017 – has grown by 3.5% in the 28 EU countries, and 3.2% in Eurozone countries, compared to the same period of the previous year.
Against the general trend, industrial production in Denmark has been falling since September 2017 compared to the previous year, with a negative peak of -2.7% in November. Among the other Nordic countries, Finland and Sweden ended 2017 with growth of 3.2% and 7% respectively.
The data provided by Eurostat draws on various economic indicators, such as industrial production, the construction sector, commerce (wholesale and retail) and services.