Off the wire
• Roundup: Chinese FM wraps up five-nation Africa visit, hails "new changes" in cooperation  • Kenya sentences doctors' union officials to suspended jail term  • Gov't-commissioned review backs Swansea Bay tidal lagoon power project: media  • South China customs seizes 60 tonnes of smuggled gemstones  • First electric buses to come to Oslo in November  • Standings of WCBA League  • CPC issues regulation on democratic life meetings  • Results of WCBA League  • Turks urged to "hold on to life" to confront terror attacks  • Syria truce largely holding despite ongoing water issues: UN Special Envoy  
You are here: 　 Home

Eurozone industrial production up by 1.5 pct in November

Xinhua, January 12, 2017 Adjust font size:

The 19-country Eurozone saw a stronger-than-expected industry output in November last year, official data showed Thursday, fueling expectation of accelerating year-end economic growth.

The seasonally adjusted industrial production rose by 1.5 percent month on month in the single currency bloc, said the Eurostat, the statistics office of the European Union(EU). On a yearly basis, the bloc recorded a surge of 3.2 percent, the strongest since January.

In the wider 28-country EU, the industrial output rose by 1.6 percent monthly and 3.1 percent yearly in November.

November's rise added to the evidence that gross domestic product growth picked up in the forth quarter in 2016. "But while industrial growth might accelerate further in the near term, this is unlikely to prevent a broader economic slowdown in 2017," said Jack Allen, European economist at the Capital Economics. Endit