Fri, 12 Jul 2013 12:11:09 GMT
Eurozone industrial production drops in line with predictions in May
Industrial output in the Euro block retreated 0.3% on monthly basis in May, matching the preliminary estimates, after jumping 0.5% in April. The decrease was driven by a 1.5% slip in capital goods production and 2.3% decline in durable consumer goods. Year-on-year the industrial output dropped 1.3%, in line with economists expectations.