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Euro zone: Industrial production increases more than expected in June


BRUSSELS, Aug 12 (Reuters) – Euro zone industrial production rose three times more than expected in June, official data showed by Eurostat on Friday, mainly on the back of a jump in the production of capital goods.

Industrial production in the 19 countries sharing the euro rose 0.7% in June month-on-month, up 2.4% year-on-year, according to the Statistical Office of the European Union.

Economists polled by Reuters had forecast a monthly increase of 0.2% and 0.8% year on year.

Eurostat said production of capital goods, which include items such as machinery, equipment, vehicles or tools, rose 2.6% in the month and 7.6% year-on-year. .

This increase made it possible to offset a drop of 0.1% in June and of 0.5% over one year in the production of intermediate goods and a drop of 3.2% over one month and 1.1% over one year. production of non-durable consumer goods. (Reporting Jan Strupczewski; French version Elena Vardon, editing by Kate Entringer)










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