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Eurozone industrial production for August was far weaker than anyone expected

Oct 14, 2015, 14:33 IST

REUTERS/Denis Charlet

Eurozone industrial production figures for August were just released, and they're much weaker than analysts were expecting.

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An increase in output of about 1.8% was expected, but the actual figure came in at less than half that level, up by just 0.9%.

Month-on-month, production fell 0.5% from July's level.

France already recorded a particularly strong set of figures for industrial production in August, with a rise of 1.6% on the month alone.

But Germany, the eurozone's industrial powerhouse, revealed a 1.2% drop on the month.

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