Eurozone industrial production fell more than expected in July on the back of weak domestic demand, Eurostat revealed on Thursday.
Output in the 17-nation region dropped 1.5% month-on-month compared to June's 0.3% increase, missing the consensus estimate for a 0.2% decline.
Production was down 2.1% compared with July 2012.
In Germany, Europe's largest economy, industrial production was down 2.3% in July from June.
France, Italy, Ireland, Portugal and the Netherlands also experienced poor performance while Finland and Spain rose.
The report may fuel fears that Eurozone growth will wane during the latest three-month period, after having emerged from an 18-month downturn in the second quarter of the year.
Source: LiveCharts
Output in the 17-nation region dropped 1.5% month-on-month compared to June's 0.3% increase, missing the consensus estimate for a 0.2% decline.
Production was down 2.1% compared with July 2012.
In Germany, Europe's largest economy, industrial production was down 2.3% in July from June.
France, Italy, Ireland, Portugal and the Netherlands also experienced poor performance while Finland and Spain rose.
The report may fuel fears that Eurozone growth will wane during the latest three-month period, after having emerged from an 18-month downturn in the second quarter of the year.
Source: LiveCharts
