Monday, December 14, 2009

Eurozone industrial production fell by 0,6% in October, as expected

Eurozone industrial production index for October fell by 0.6% in monthly terms, said the EU statistical agency Eurostat. The value of the meet analysts' forecasts. Recall that in September the index rose by 0,2%.
It is worth noting that the index declined for the first time in the past six months, mainly as a result of reductions in production of consumer durables and non-durables (by 1,4% and 1,6% respectively).
In annual terms, the euro-zone industrial output fell by 11,1% in October at the previous value of -12.8% and -10.8% forecast.

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