Industrial production slips in Europe

Industrial production slipped in Europe form August to September, the European Commission's statistical office reported Wednesday. After rising 1 percent in August in the eurozone and 0.5 percent in the European Union, industrial production slid 0.5 percent in the eurozone and 0.2 percent in the 28-member EU, Eurostat said. Compared to September 2012, production rose 1.1 percent in the eurozone and 1.2 percent in the EU. From August, durable goods production fell 2.6 percent in the eurozone, and 1.6 percent in the EU. Capital goods production fell by 1 percent and 0.2 percent in each region, respectively. Energy production, meanwhile, rose 1.3 percent and 0.4 percent from August in the eurozone and the EU, receptively. Production of non-durable goods -- goods not expected to last three years -- was split, falling 0.2 percent in the eurozone and rising 0.4 percent in the EU. Gains were paced by Ireland with industrial production up 2.9 percent. Portugal production fell 11.7 percent, the largest decline among member states.