Home / Market Update / EU: Industrial Production expanded by 2.1% in October

EU: Industrial Production expanded by 2.1% in October

Industrial Production in the Eurozone rose by 2.1% on a monthly basis in October following September’s modest growth of 0.1%, the data published by the Eurostat showed. This reading came in slightly better than the market expectation of 2%.

Further details of the publication revealed that Industrial Production in the EU expanded by 1.9%. 

Check Also

The Euro’s Moment? Weak US Data and ECB Action Set the Stage

The euro strengthened against the US dollar, with the EUR/USD pair climbing above 1.14. This …