Eurozone industrial production held steady in October, but yearly figures show a 1.2% decline.

Eurozone industrial production remained stable in October, following a 1.5% drop in September. While capital goods production grew by 1.7%, energy and consumer goods output declined. Yearly, industrial production fell 1.2%, softer than the previous month's 2.2% decline. Despite monthly increases in some countries, the overall sector remains weak, facing challenges from high energy costs, reduced Chinese demand, and cautious domestic spending.

3 months ago
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