Eurozone industrial output growth slows in Oct
On a yearly basis, industrial output in the eurozone rose 0.7% in October after posting an increase of 0.2% in the previous month. Production of intermediate goods and durable consumer goods climbed 0.3% and 0.9%, respectively, while energy output was down 1.9% in October.
Meanwhile, according to data released by Office for National Statistics, the UK’s construction output unexpectedly declined in October. The country’s construction output was down 2.2% in October while on a yearly basis, output rose 0.7% to post the slowest rate of growth seen since May 2013.
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