Euro zone industrial production was stronger than expected in January, data show...
FILE PHOTO: A steel worker of Germany's industrial conglomerate ThyssenKrupp AG takes a sample of raw iron from a blast furnace at Germany's largest steel factory in Duisburg, Germany, January 28, 2019. REUTERS/Wolfgang Rattay/File Photo
The European Union’s statistics office Eurostat said production in the 19 countries sharing the euro rose 1.4 percent month-on-month in January for a 1.1 percent year-on-year fall. The January result was mainly influenced by a 2.4 percent monthly and 4.0 percent year-on-year jump in energy output, which helped offset or mitigate the weaker results for intermediate and capital goods production.
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