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Financial News: Denmark Industrial Production Decreases In November After

Denmark Industrial Production Decreases In November After October Surge

01/11/2019 - 03:51:00 (RTTNews)

(RTTNews) - 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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