Eurozone industrial production rises touch more than expected in June

Eurozone industrial production rose a touch more than expected in June, according to the latest figures from Eurostat.

Industrial production was up 0.6% from May versus expectations for a 0.5% increase. Production of capital goods was up 1.3%, while durable consumer goods production advanced 1% and non-durable goods output was 0.7% higher. The production of intermediate goods and energy fell by 0.2% and 0.6%, respectively.

On the year, industrial production for the euro bloc was up 0.4%, missing expectations of a 0.7% increase.

In the EU-28 group of countries, industrial production was 0.5% higher on the month and on the year.