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Eurozone Production Rises 0.2%, Economic Uncertainty Lingers

1/16/2025

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Summary

Story summary

Eurozone industrial production increased by 0.2% in November, falling short of the 0.3% forecast.
Durable consumer goods and energy sectors grew by 1.5% and 1.1%, respectively.
Year-over-year, EU output decreased by 1.7%, with Ireland and Luxembourg experiencing significant declines.
Belgium and Malta reported the highest monthly gains at 8.7% and 7.1%.
Economic uncertainties persist, impacting the manufacturing sector throughout Europe.

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Story summary

Eurozone industrial production increased by 0.2% in November, falling short of the 0.3% forecast.
Durable consumer goods and energy sectors grew by 1.5% and 1.1%, respectively.
Year-over-year, EU output decreased by 1.7%, with Ireland and Luxembourg experiencing significant declines.
Belgium and Malta reported the highest monthly gains at 8.7% and 7.1%.
Economic uncertainties persist, impacting the manufacturing sector throughout Europe.