Industrial output in eurozone fell 0.7 percent in December compared with November –Eurostat

Industrial output in eurozone fell 0.7 percent in December compared with November –Eurostat

YEREVAN, February 12. / ARKA /. Industrial output in the then 17-nation eurozone fell 0.7 percent in December compared with November, when it rose a revised 1.6 percent, vestifinance.ru reports citing the Eurostat Statistics data. Compared with December 2012, industrial output was up 0.5 percent in the 
eurozone and up 0.9 percent in the EU. Bloomberg analysts had expected a December downturn of about 0.3 percent.

In the full 28-member European Union, industrial output was also down 0.7 percent in December after a gain of 1.3 percent the previous month, Eurostat said.

Germany showed a fall of 0.7 percent in December after a gain of 2.6 percent in November while France dropped 0.3 percent after rising 1.2 percent. Data for non-euro Britain rose 0.4 percent after a fall of 0.1 percent in November.

The eurozone escaped a record 18-month recession in the second quarter with growth of 0.3 percent, only for this to slow to a marginal 0.1 percent in the third. .-0-

16:10 12.02.2014

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