Euro-Region Industrial Output Rose More Than Forecast in July

Euro-area industrial production increased more than economists forecast in July, as increasing output in Germany helped offset decreases in countries from Spain to the Netherlands.

Output in the 17-nation euro area advanced 0.6 percent from June, when it fell 0.6 percent, the European Union’s statistics office in Luxembourg said today. Economists had projected a gain of 0.1 percent, the median of 30 estimates in a Bloomberg News survey showed. From a year ago, production fell 2.3 percent.