✉news WorldEU Politics first seen 3 d ago, last 3 d ago, peak #27
Euro area industrial production falls 0.5%
Original: Industrial production down by 0.5% in the euro area and by 0.3% in the EU - Euro indicators - Eurostat
Eurostat reports that industrial production in the euro area fell by 0.5% in the latest monthly reading, while output across the European Union as a whole declined by 0.3%. The figures point to continued weakness in European manufacturing, adding to concerns about the pace of economic growth in the bloc.
Why now: The release of new Eurostat data showing a contraction in industrial output renews debate about the health of the European economy.
EurostatEuropean CommissionEuro areaEuropean Union
Evidence
- Industrial production down by 0.5% in the euro area and by 0.3% in the EU - Euro indicators - Eurostat · European Commission
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