Eurozone industrial output down on month, up on year in Feb
by ChemOrbis Editorial Team - content@chemorbis.com
According to data from Eurostat, industrial output in the Eurozone decreased by 0.3% on a monthly basis in February after a monthly increase of 0.9% in January and while it was up by 1.2% when compared to the same month of 2016, following a yearly rise of 0.6% in the previous month.
The monthly decrease in output in February was mainly driven by a decrease of 4.7% in production of energy and of 1.1% in production of non-durable consumer goods while the annual increase was driven by a rise of 2.4% in production of energy, by 2% both in intermediate goods and durable consumer goods and by 1.2% in production of capital goods.
The monthly decrease in output in February was mainly driven by a decrease of 4.7% in production of energy and of 1.1% in production of non-durable consumer goods while the annual increase was driven by a rise of 2.4% in production of energy, by 2% both in intermediate goods and durable consumer goods and by 1.2% in production of capital goods.
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