EMU: Annual Industrial Production drops 2.1% in August

FXstreet.com (Barcelona) - Year-over-year Eurozone Industrial Production declined by 2.1% in August, down from the 1.9% decrease registered the previous month, according to data released by Eurostat. This result is still above market consensus of -2.4%.

On a monthly basis Industrial Production rose 1% in August, compared with the 1% slide in July and above forecasts of growing 0.8%.