The industry of the euro area further slows down

The euro zone’s industrial production fell in November: compared to the previous month decline was 0.1 percent, while compared to the previous year a 0.3 percent decrease occured –    reported Eurostat on Thursday. This is the first annual decline since December 2009.

Analysts expected a 0.2 percent drop compared to October, but on an annual basis an increase of 0.3 percent was expected.

According to the revised datas; monthly decline in October was 0.3 percent in October, and an annual growth of 1 percent – reports MTI.