Eurozone’s industrial sector activity witnessed a turnaround in August, the latest data published by Eurostat showed on Tuesday.
Industrial output in the old continent rose by 1.8% MoM, compared to the expected increase of 1.8% and a -0.5% print in July.
Eurozone Industrial Production increased at an annual rate of 0.1% in August versus July’s -2.1%. The market consensus was for -1.0%.