Euro zone production beats expectations
Factories and refineries in the euro zone ratcheted up their production faster than economists expected in October, according to official EU data. Industrial output in the euro zone climbed 0.4% in October from September and rose 3.8% over 12 months, figures from the Eurostat data agency showed. The result, adjusted for seasonal variations, beat economists' expectations for industrial output to rise only 0.2 over one month and grow 3.7% over one year.
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