Eurozone Industrial Production Growth Slows in September

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Eurozone industrial production growth slowed slightly in September after a bumper annual reading in August, the Financial Times reported. Seasonally adjusted production rose 3.3 per cent from a year earlier, according to official eurozone data agency Eurostat, a notch above analysts’ expectations of 3.2 per cent. That compared to an upwardly-revised annual figure of 3.9 per cent in August, which had trounced expectations of a 2.6 per cent rise that month. The rise was driven by production of durable consumer goods while energy production fell, reflecting trends reported at the national level. Read more. (Subscription required.)