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Eurozone industrial production up 0.9 percent in May
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09:01, July 13, 2007

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Industrial production in the eurozone picked up by 0.9 percent in May, compared to the previous month, the European Union's statistics bureau Eurostat said on Thursday.

The seasonally adjusted industrial production in the 13-nation bloc sharing the same currency fell by 0.7 percent in April after an increase of 0.6 percent in March, according to newly revised figures.

In May, production of energy led the growth with an increase of 1.8 percent compared to April. Durable consumer goods, capital goods, intermediate goods and non-durable consumer goods rose by 1. 7, 1.1, 1 and 0.4 percent respectively.

Industrial production in Germany, the largest economy within the bloc, jumped by 2 percent in May, while France registered an increase of 0.4 percent.

Among those members whose data were available, Romania registered the highest monthly increase of 7.5 percent in May, while Ireland recorded the largest decrease of 1.8 percent.

Compared to the same period of the previous year, the eurozone industrial production rose by 2.5 percent.

In the broader EU with 27 member states, industrial output gained 0.7 percent in March. The year-on-year growth was 2.7 percent.

Source: Xinhua



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