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Industrial Production: Europe: Difference between revisions
Industrial Production: Europe (view source)
Revision as of 17:15, 13 September 2023
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* The European Union's statistics office Eurostat said industrial production in the 20 countries sharing the euro fell 1.1% month-on-month in July for a 2.2% year-on-year decline. Economists polled by Reuters had expected a 0.7% monthly fall and a 0.3% year-on-year easing. | * The European Union's statistics office Eurostat said industrial production in the 20 countries sharing the euro fell 1.1% month-on-month in July for a 2.2% year-on-year decline. Economists polled by Reuters had expected a 0.7% monthly fall and a 0.3% year-on-year easing. | ||
* The weaker than expected numbers were a result of sharp declines in the output of capital goods and durable consumer goods month-on-month, and durable consumer goods, energy and intermediate goods year on year. | * The weaker than expected numbers were a result of sharp declines in the output of capital goods and durable consumer goods month-on-month, and durable consumer goods, energy and intermediate goods year on year. | ||
* | * June 2023 has been revised from +0.5% to +0.4% in the euro area and remained unchanged at +0.4% in the EU. The annual percentage change has been revised from -1.2% to -1.1% in both the euro area and the EU. | ||
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