Eurozone, EU Industrial Output Sees Mixed Performance
Among the 27-member bloc, the steepest monthly contractions were recorded in Slovakia at 4.9%, Germany at 2.9%, and Spain at 2.6%, the statistical office reported. Conversely, the most significant gains were registered in Luxembourg (6.4%), Sweden (4.4%), and Malta (4.2%), it added.
Within the eurozone, production fell for intermediate goods by 0.1%, energy by 0.3%, capital goods by 1.9%, and non-durable consumer goods by 0.3%, while output of durable consumer goods rose slightly by 0.2%.
Across the wider EU, industrial activity saw increases in intermediate goods by 0.1%, durable consumer goods by 0.5%, and non-durable consumer goods by 0.6%, while energy dropped 0.4% and capital goods decreased by 1.4%.
Examined on an annual basis, industrial production climbed by 1.2% in the euro area and by 1.4% across the EU.
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