Fittest loser
Article updated: 3/13/2013 7:47 AM

Eurozone industrial production dips 0.4 pct

President of the German Central Bank Jens Weidmann arrives for the annual press conference at the headquarters of the German Central Bank in Frankfurt, central Germany, Tuesday,

President of the German Central Bank Jens Weidmann arrives for the annual press conference at the headquarters of the German Central Bank in Frankfurt, central Germany, Tuesday,

 
 1 of 1 
 
text size: AAA
By Associated Press

Official figures show that industrial production across the 17 European Union countries that use the euro fell by 0.4 percent in January.

Eurostat, the EU's statistics office, added Tuesday that production for durable consumer goods in the eurozone fell by 1.4 percent, with capital good manufacturing dropping by 1.2 percent. Among the eurozone member countries that reported production figures, Germany registered a 0.4 percent decline, France a drop of 1.2 percent and Finland a fall of 4.1 percent.

Advertisement

The 17-country eurozone is currently stuck in a recession and is not expected to recover until the latter part of this year. Unemployment in the region is at an all-time high of 11.9 percent.

Industrial output across the wider 27-member EU also fell by 0.4 percent for January, Eurostat added.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Business Video
Area Business Calendar

BusinessDirectory

Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

Don't see your town listed? Visit our full directory to begin your search.

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity