Arab Today, arab today eurozone industrial production up 02 in november
Last Updated : GMT 21:36:03
Arab Today, arab today
Arab Today, arab today

Eurozone industrial production up 0.2% in November

Arab Today, arab today

Arab Today, arab today Eurozone industrial production up 0.2% in November

Employees of German car producer Porsche
Brussels - AFP

Industrial output in the eurozone rose 0.2 percent in November, official data showed on Wednesday, a modest sign of more solid economic growth despite looming deflation.
"Some modestly encouraging news for the eurozone as industrial production rose for a third successive month in November," said Howard Archer of IHS Global Insight.
However, over 12 months, industrial production in the eurozone was down 0.4 percent in November, the EU's Eurostat agency said.
"Overall, it appears that eurozone manufacturers are still finding life very difficult despite the help coming from a markedly weaker euro and very low oil prices," Archer said.
In November, the small rise in output from the previous month was led by a 1.9 percent gain in durable goods.
The state of the eurozone economy continues to be a major source of worry around the world, with increasing fears that Europe could sink into a long period of Japan-style deflation just as the outlook for the US economy improves further.
Underscoring that concern, in December prices fell by 0.2 percent in the single currency bloc, dragged lower by plummeting oil prices.
Volatility has also sharpened on fresh worries about Greece, struck by a new political crisis less than three years since problems in Athens nearly destroyed the now 19-nation eurozone.
"This better than expected industrial production figure paves the way for a decent GDP growth in fourth quarter, suggesting that the euro area economy may surprise on the upside this time," said Mirco Bulega, an analyst at Credit Suisse.
Across the 28-nation European Union, industrial output also edged higher by 0.2 percent in November, and a smaller 0.1 percent drop year on year.
By country, industrial output in Ireland shot up 4.6 percent but struggling France dropped 0.3 percent.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone industrial production up 02 in november Arab Today, arab today eurozone industrial production up 02 in november

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday