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News Euro zone: Industrial production increases more than scheduled in June

13:50  12 august  2022
13:50  12 august  2022 Source:   pressfrom.com

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Zone-Euro-Production-Industrial: Euro zone: Industrial production increases more than expected in June

ZONE EURO: LA PRODUCTION INDUSTRIELLE AUGMENTE PLUS QUE PRÉVU EN JUIN © Reuters/Gilles Guillaume EURO Zone: Industrial production increases more That scheduled in June

Bruxelles (Reuters) - Industrial production of the euro zone increased three times more than expected in June, according to official data published by Eurostat on Friday, mainly thanks to a leap in the production of investment goods.

According to the European Union Statistical Office, industrial production in the 19 countries sharing the euro increased by 0.7% in June in monthly sliding, for an increase of 2.4% in annual shift.

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The economists interviewed by Reuters tabbed on a monthly increase of 0.2% and 0.8% over one year.

Eurostat indicated that the production of investment goods, which include elements such as machines, equipment, vehicles or tools, increased by 2.6% during the month and 7.6% on slipping annual.

This increase made it possible to compensate for a drop of 0.1% in June and 0.5% over one year of the production of intermediate goods and a decrease of 3.2% over one month and 1.1% on a year of the production of unsustainable consumer goods.

(report Jan Strupczewski; French version Elena Vardon, edited by Kate Entringer)

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