Markets News
Economy1 min read
Eurozone Industrial Output Fell 0.5% in August
Eurostat reported declines in industrial production across both the eurozone and the European Union, with monthly and annual figures lower.
Key takeaways
- Eurozone industrial production fell 0.5% month on month and 1.1% year on year in August.
- EU industrial production declined 0.3% from July and 0.2% from a year earlier.
Eurozone industrial production fell 0.5% in August from July and was down 1.1% from a year earlier, according to data released by Eurostat.
Production in the European Union also declined, falling 0.3% month on month and 0.2% year on year.
Among EU countries, Sweden recorded the largest monthly increase, at 6.5%. Belgium had the steepest monthly drop, with production down 5.1%.
Topics
EurozoneEuropean UnionEurostat
Further reading
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
