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- Eurozone’s industrial production drops 1.0% in December
Eurozone’s industrial production drops 1.0% in December
Eurostat released its industrial production data for the Eurozone on Friday. Industrial production in the Eurozone dropped 1.0% in December, missing expectations for a 0.3% increase, after a 0.5% fall in November. November's figure was revised down from a 0.7% decrease.
Durable consumer goods output increased 1.4% in December, capital goods output dropped 1.9%, while energy output plunged 2.4%.
Intermediate goods output was down 0.3% in December, while non-durable consumer goods fell 0.3%.
On a yearly basis, Eurozone's industrial production fell 1.3% in December, missing expectations for a 0.8% rise, after a 1.4% increase in November. November's figure was revised up from a 1.1% gain.
Durable consumer goods climbed by 0.8% in December from a year ago, capital goods declined by 2.6%, non-durable consumer goods gained by 1.4%, while intermediate goods output increased by 0.4%.
Energy output declined by 7.3% in December from a year ago.
In 2015 as whole, industrial production climbed 1.4%.
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