Mexican Media Brands
Gains Outside Eurozone Bolster Europe’s Industrial Growth
Industrial output within the eurozone slipped 0.2% from December to January on a seasonally adjusted basis, Eurostat reports.
#economics
Share
Industrial output within the eurozone slipped 0.2% from December to January on a seasonally adjusted basis, Eurostat reports. But gains in the rest of the 28-member EU pushed overall output for the region up 0.1%.
Growth in the EU28 was driven by increases in the production of capital goods and durable consumer goods of 1.3% and 0.8%, respectively, according to the EU statistical service. The agency notes that year-on-year output for January advanced 2.4% for the EU28 and 2.1% within the eurozone.
Growth in production from December to January for Europe's largest markets was led by Italy (+1%), Germany (+0.4%) and Spain (+0.2%). The U.K. posted growth of 0.1%, and France's output fell 0.3%.
RELATED CONTENT
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.