Eurozone industrial production grew in September from a year ago, defying expectations for a second consecutive decline, preliminary figures from Eurostat showed Wednesday.
Industrial production grew 0.6 percent year-on-year following a 0.5 percent slump in August, which was revised from 1.9 percent decline. Economists had forecast a 0.2 percent drop for September.
Capital goods and non-durable goods output climbed 2 percent each. Intermediate goods production remained unchanged, while energy output fell 2.5 percent. Durable goods production also declined 3.3 percent.
Production rose 0.6 percent from August, when it fell 1.4 percent, which was revised from a 1.8 percent decline. Economists had expected 0.7 percent growth.
In EU 28, industrial production rose 0.6 percent annually in September, rebounding from a 0.2 percent decline in the previous month, revised from a 0.8 percent drop.
On a monthly basis, industrial production increased 0.6 percent, recovering from a 1.2 percent fall in August, revised from a 1.4 percent slump.
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