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Eurozone Industrial Output Logs Steady Growth

By Renju Jaya   ✉   | Published:   | Follow Us On Google News

Eurozone industrial production increased at a steady pace in November and marked the third consecutive month of growth, Eurostat reported Thursday.

Industrial output climbed 0.7 percent month-on-month in November, matching the pace of increase seen in October. Output was expected to climb 0.5 percent.

The gains were driven by increases in capital goods and intermediate goods production, which offset declines in energy and consumer goods.

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