Eurozone industrial production rose 4.1% mom in July, above expectation of 2.8% mom. Production of capital goods rose by 5.3% mom, durable consumer goods by 4.7% mom, intermediate goods by 4.2% mom, non-durable consumer goods by 3.9% mom and energy by 1.1% mom.
EU industrial production also rose 4.1% mom in the month. The highest increases were registered in Portugal (+11.9% mom), Spain (+9.4% mom) and Ireland (+8.3% mom). Decreases were observed in Denmark (-4.9% mom), Latvia (-0.8% mom) and Belgium (-0.5% mom).
