Mubasher: Euro zone industrial output increased 0.2% in October 2017, against 0.5% drop in September, data by the EU statistics office showed on Wednesday.

 

Industrial output growth was attributed to a spike in the production of capital goods and consumer durables, according to the data. 

 

Analysts forecast previously that euro zone industry output would remain stable in October.

 

Year-on-year, the industrial output in euro zone went up 3.7%.

 

In October, the production of non-durable consumer goods and energy sectors inched up 0.5% and 0.1%, respectively, whereas the capital goods fell 0.3%.