Eurozone industrial output rises 0.3% mom, energy drag offsets goods gains

Eurozone industrial production rose 0.3% mom in July, missing expectations of a 0.5% mom gain. Output was supported by intermediate goods (+0.5%), capital goods (+1.3%), and consumer goods, with durable and non-durable production up 1.1% and 1.5% respectively. However, a sharp -2.9% decline in energy output capped overall growth. Across the wider EU, industrial production […]

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