Eurozone industrial production remained flat in December after expanding for three consecutive months, data from Eurostat revealed Thursday.
Industrial production remained unchanged from November, while it was forecast to grow 0.2 percent. The growth rate for November was revised down to 0.1 percent from 0.2 percent.
Production of durable consumer goods rose 2.3 percent and intermediate goods by 1.1 percent. Energy output and capital goods output gained 1 percent and 0.2 percent, respectively. Meanwhile, non-durable consumer goods fell by 1.8 percent.
On a yearly basis, industrial output declined unexpectedly by 0.2 percent, following a revised 0.8 percent fall in November. Economists had forecast a 0.3 percent growth for December.
In the EU28, industrial production edged up 0.1 percent month-on-month and 0.3 percent on a yearly basis in December.
In 2014, the average industrial production increased 0.6 percent in the euro area and by 1 percent in the EU28.
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