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Denmark Industrial Production Decreases In November After October Surge

11.01.2019 03:51 (UTC +0)

Denmark's industrial production decreased in November, led by a slump in the intermediate goods sector, after a sharp increase in October, preliminary data from Statistics Denmark showed on Friday.

Industrial production fell a seasonally adjusted 0.5 percent month-on-month after a revised 2.1 percent increase in October. In September, production decreased 0.7 percent.

Production of intermediate goods dropped 3 percent and that of non-durable goods fell 0.4 percent.

In contrast, output of durable consumer goods grew 4 percent and production of capital goods edged up 0.1 percent.

The industrial revenue decreased 1.1 percent from the previous month.



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