Eurozone industrial production recovered at a stronger than expected pace in June, figures from Eurostat revealed Friday.
Industrial output climbed 0.6 percent on a monthly basis in June, reversing a 1.2 percent fall in May and slightly bigger than the expected 0.5 percent increase.
Among components, capital goods and durable consumer goods advanced 1.3 percent and 1 percent, respectively. Non-durable consumer goods output gained 0.7 percent.
Meanwhile, energy fell 0.6 percent and intermediate goods output slid 0.2 percent.
Year-on-year, growth in industrial production rose slightly to 0.4 percent from 0.3 percent in May. Nonetheless, it was slower than the 0.7 percent expansion economists had expected.
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