Eurozone industrial production recovered at a faster than expected pace in November, a report from Eurostat revealed Tuesday.
Industrial production increased 1.8 percent in November from October, when it was down by 0.8 percent. Economists were expecting an increase in production to 1.4 percent.
Production of capital goods and durable consumer goods increased 3 percent and 2.2 percent, respectively. Output of non-durable consumer goods rose 1.4 percent and energy output grew 1.8 percent. Intermediate goods logged the lowest growth of 1 percent.
Year-on-year, industrial production growth accelerated to 3 percent in November from 0.5 percent in October. The rate was well above the 1.8 percent rise forecast by economists.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.