8 Hrs
Source:
المشهد العربي
Source: المشهد العربي
8 Hrsالمشهد العربي
Source: المشهد العربي
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Industrial production in the euro area continued to decline for the fourth consecutive month in August, falling 1.1% year on year and 0.5% month on month. Total EU production fell 0.2% year on year and 0.3% month on month. The decline came despite a rebound in energy and capital-goods production, as output of non-durable consumer goods dropped 9.1% year on year, compared with 4.8% in July. The report attributed weak manufacturing to inflationary pressures and higher energy costs amid military tensions in the Middle East.
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