Eurozone industrial production declined for the first time in five months in September, Eurostat reported Thursday.
Industrial output fell unexpectedly by 0.4 percent in September from August, when it was up 0.6 percent. Production was forecast to climb 0.7 percent. This was the first fall since April.
Among components, durable consumer goods output decreased 5.3 percent and energy output slid 1 percent. Meanwhile, production of intermediate goods and non-durable consumer goods gained 0.5 percent and 2.1 percent, respectively.
On a yearly basis, the decline in industrial production came in at 6.8 percent versus a 6.7 percent decrease in August and economists’ forecast of -5.8 percent.
In the EU27, industrial production remained flat on month but decreased 5.8 percent annually in September.
The material has been provided by InstaForex Company – www.instaforex.com
🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.
As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.