Make earnings with no risk
Automated AI-driven system makes the trades, you earn the money
Join now
News

Eurozone, EU Industrial Production Rebound in October

0
gears

Industrial production in both the Eurozone and the European Union rebounded in October after two straight months of contraction, driven mainly by the growth in capital goods production.

Source: Eurostat

EZU is down 0.08%, while VGK is down 0.03%.

The Euro area seasonally-adjusted industrial production grew by 1.1% in October, following -0.2% in September and -1.7% in August. Production increased by 3.3% in October from the same month last year, down from 5.1% in September.

Industrial production in the European Union for the same month climbed by 1.2%, following -0.2% in September and -1.7% in August. Compared with October 2020, production climbed by 3.6% versus 4.8% in September.

Capital goods rose in the Eurozone rose by 3.0% from the previous month, and by 6.9% from the prior year. Production in the EU jumped by 3.0% from the previous month and by 7.9% versus the same month in 2020.

The highest monthly increases were seen in Germany, Slovakia, and Greece. The steepest declines were in Estonia, Latvia, the Netherlands, and Romania.

fxcoach

Ukraine Commercial Bank to Pilot Electronic Hryvnia Developed on Stellar

Previous article

PBOC Rolls Over MLF Loans After Earlier Reserve Ratio Cut

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in News