Eurozone industrial production witnessed growth for the second month in a row this November, according to data released by Eurostat on Wednesday.
For November, industrial output saw a month-over-month increase of 0.2 percent, maintaining the same growth rate as observed in October. This result fell just short of economists' projections, who had anticipated a 0.3 percent rise.
The primary drivers of this upward momentum included a 1.5 percent boost in the production of durable consumer goods and a 1.1 percent rise in energy goods output. Additionally, both intermediate goods and capital goods recorded a growth of 0.6 percent.
Examining the figures on an annual level, the decline in industrial output intensified to 1.9 percent from October's 1.1 percent drop.
In the EU27, industrial production experienced a modest increase of 0.1 percent over the previous month in November, while it declined by 1.7 percent compared to the same period last year.
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