Eurozone industrial production rises 0.8% mom in October, beats expectations on broad-based gains

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Eurozone industrial production delivered a modest upside surprise in October, rising 0.8% mom and beating expectations for a 0.7% increase. The gains in the Eurozone were broad-based across sectors. Output of energy rose 1.1% mom, capital goods increased 0.5%, and intermediate goods edged up 0.3%. Consumer-related categories were firmer, with durable consumer goods jumping 2.0% […]The post Eurozone industrial production rises 0.8% mom in October, beats expectations on broad-based gains appeared first on ActionForex.