Promproizvodstvo in the euro area in April 2009 fell by 21.6 per cent compared to the same period a year earlier and 1.9 percent compared with March. This is stated in the record the agency Eurostat. Industrial decline in the euro was a record for all time, publish such statistics, that is, since 1986.
In general, the European Union, the fall was less significant: 0.9 percent from month to month and 19.4 per cent compared to April 2008.
It should be noted that economists surveyed prior to the agency Bloomberg, suggested that the decline in the euro area may not be so important - "only" 19.8 per cent.
On the decline of industrial production affect the global economic crisis that is causing the decline in demand for European goods, and the rising euro, which detriment of exporters.
Data from Eurostat disappointed investors around the world, which had previously assumed that the peak of world recession, industrial production could be passed. Optimists base their opinions on the statistics from China, where industrial production in May rose more than expected.
Publication of the report Eurostat has already caused a fall in euro on the world market, as well as a slight decline in European stock markets. By 15:25 Moscow time the major European stock indexes fell less than half.
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