Analysts surprised by the Euro-zone' industrial production growth

By: trademagazin Date: 2011. 10. 12. 12:30

Euro zone's industrial production unexpectedly rose in August. The monthly increase is the second now in row, primarily led by French, Portuguese and Italian production volumes, which could offset the decline in Germany.

In the 17-member zone industrial production rose by 1.2 percent in August, compared to July. The data surprising, because the analysts expected a 0.8 percent decline. This year the output has increased by 5.3 percent.

In the EU 27, industrial production increased by 0.9 percent. According to the available datas; increase occurred in 12 countries and reduction in 10 countries – reports tozsdeforum.hu.

Related news