Euro-zone industrial production rose for the fifth consecutive month in September, fueling expectations that the region's overall economy grew for the first time in more than a year in the third quarter. The European Union's Eurostat statistics agency reported Thursday that industrial output in the 16 countries which use the euro rose 0.3% from August and was 12.9% weaker than in September last year, marking the smallest annual percentage drop since December.
The report added weight to expectations that the euro zone returned to economic expansion in the last quarter. Eurostat is due to announce euro-zone gross domestic product figures early Friday.
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