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Eurozone industrial production increases

Brussels, Dec 15 (Prensa Latina) The European statistical office Eurostat reported that industrial production in the eurozone rose 0.8 percent in October, two percent higher year-on-year.

Furthermore, they added that the region was two percentage points higher compared to the same month in 2014.

Across the European Union (EU), manufacturing output grew 0.3 percent equal to September, a month in which it increased by one percent.

Year-on-year, industrial activity expanded by 1.9 percent.

Among the member states for which data is available, the largest monthly increases were recorded in Ireland (+4 percent), Luxembourg (+3.6 percent), and Croatia (+3.1 percent). Conversely, the largest declines were observed in Sweden (-6.5 percent), Belgium (-3.4 percent), and Denmark (-3.2 percent).

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