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    HomeLive CommentsEurozone industrial output drops -1.2% in August, Germany down -5.2%

    Eurozone industrial output drops -1.2% in August, Germany down -5.2%

    Eurozone industrial production fell -1.2% mom in August, a smaller decline than the expected -1.8%. The data from Eurostat showed broad-based declines across key sectors, with capital goods output down -2.2%, durable consumer goods down -1.6%, energy production falling -0.6%, and intermediate goods slipping -0.2%. Only non-durable consumer goods managed a slight gain of 0.1%,.

    Across the European Union as a whole, industrial output fell -1.0% mom. The regional breakdown showed significant divergence among member states: Germany, the bloc’s industrial powerhouse, suffered a sharp -5.2% decline, followed by Greece (-4.5%) and Austria (-3.1%), reflecting ongoing weakness in Europe’s core. Meanwhile, Ireland (+9.8%), Luxembourg (+4.8%), and Sweden (+3.6%) recorded the strongest gains.

    Full Eurozone industrial production release here.

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