Economic Buzz: Eurozone Industrial Output Stays Flat In January

15 Mar 2022 , 03:59 PM

Eurozone industrial production remained flat month-on-month in January, following Decembers 1.3 percent increase, data from Eurostat showed on Tuesday. The growth in non-durable consumer goods production was offset by the declines in capital goods, durable consumer goods, energy and intermediate goods output. Production of capital goods was down 2.4 percent and durable consumer goods output fell 0.5 percent. Intermediate goods and energy output decreased 0.3 percent each. Meanwhile, non-durable consumer goods output grew 3.1 percent. On a yearly basis, industrial production fell 1.3 percent, in contrast to the 2.0 percent rise in December.

Powered by Commodity Insights