EMU: Annual Industrial Production contraction slows down in December

FXstreet.com (Barcelona) - Eurozone annual Industrial Production w.d.a. dipped for the thirteenth consecutive month in December by 2.4%, following a 4% decrease in November, Eurostat reported on Wednesday. This result is in line with projections.

On a monthly basis Eurozone Industrial Production s.a. rose by 0.7%, compared with the previous reading of -0.7% and above expectations of growing 0.2%.