Monday July 13, 2020

Euro zone industrial output slips back

Energy sector leads production lower in May

13th July, 2016
Euro zone industry weaker in May Pic: Pixabay

Official figures show that industrial production in the euro zone fell back in May after April's increase.

EU statistics agency Eurostat said production in May was down 1.2 per cent compared with April, when output had risen 1.4 per cent.

Eurostat said the biggest fall was in energy production, down 4.3 per cent in the month, while durable goods production was 1.4 per cent lower.

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