BRUSSELS, Aug 13 (AFP): Industrial production in the eurozone fell by 0.3 per cent in June, official data showed on Wednesday, dragged lower by a drop in the output of consumer goods and energy.
The result was significantly below analyst expectations, and the news-the latest sign that recovery of the eurozone economy is faltering-pushed down the euro against the dollar.
Analysts had expected expansion of 0.3 per cent for the period, and the data followed a 1.1 per cent fall a month earlier.
Over 12 months, production in the 18-country bloc was flat.
"This is a very disappointing figure after the already strong contraction in May (caused by additional holidays in some countries)," said analyst Peter Vanden Houte from ING Bank in Brussels.
Eurozone industrial production falls unexpectedly in June
FE Team | Published: August 14, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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