Skip to content
Subscriber Only

Euro-Area Industrial Production Increases More Than Forecast

Euro-area industrial production increased more than economists forecast in December, adding to signs the economy may be gaining strength after slipping into a recession last year.

Factory production in the 17-nation currency bloc rose 0.7 percent from November, when it declined a revised 0.7 percent, the European Union’s statistics office in Luxembourg said today. Economists had forecast a gain of 0.2 percent, according to the median of 41 estimates in a Bloomberg News survey. December output fell 2.4 percent from the year-earlier month.