The industrial production in the euro zone in October rose 2.1%, above the 2% expected and 0.1% in September. This is the sixth consecutive month of rises for the indicator, and the biggest rise seen since July.
On an annual basis, industrial production fell 3.8%, moderating the previous 6.3% decline and the expected 4.5% decline. The indicator has not stopped falling since November 2018. Today’s reading is the most moderate seen since February.
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