Euro-Area Industrial Production Increases Most Since February
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Euro-area industrial production rose more than economists estimated in July as output jumped in three of the region’s four largest economies.
Production in the 19-nation currency bloc increased 0.6 percent from June, when it dropped a revised 0.3 percent, the European Union’s statistics office in Luxembourg said on Monday. That’s the strongest rate since February and twice as much as economists predicted in a Bloomberg survey. On the year, output was up 1.9 percent.