Eurozone Industrial Production in July Rises 1.5% MoM, Exceeds Expectations
![US Treasury Secretary Janet Yellen and Eurozone Finance Ministers. <br>[Photo by Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2021091518290032297_1631698140.jpg)
US Treasury Secretary Janet Yellen and Eurozone Finance Ministers.
[Photo by Yonhap News]
[Asia Economy Reporter Choi Dong-hyun] Industrial production in the Eurozone increased more than expected in July.
On the 15th (local time), Eurostat, the statistical office of the European Union (EU), announced that Eurozone industrial production rose by 1.5% compared to the previous month. This figure is more than twice the market forecast of a 0.6% increase.
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Eurostat also reported that industrial production increased by 7.7% compared to the same period last year. This is also higher than the market forecast of a 6.3% increase.
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