EZ industrial production rises 0.2% in November
By Frank Prenesti
Date: Wednesday 15 Jan 2025
(Sharecast News) - Eurozone November industrial production rose slightly by 0.2% on a monthly basis, according to official data published on Wednesday.
On an annualised basis, industrial production decreased by 1.9% the euro area and by 1.7% in the EU.
"Despite the modest improvement, the picture remains one of a struggling industrial sector across the eurozone. Furthermore, the disappointing end to the year for the German economy suggests that 2025 is starting on a very weak footing," said analysts at Oxford Economics.
Reporting by Frank Prenesti for Sharecast.com
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