Eurozone industrial production index rising fourth month in a row

Eurozone industrial production index for August rose by 0,9% in monthly terms, said the EU statistical agency Eurostat. Value was below the level projected by most analysts (1.2%). Nevertheless, the July index value revised upward – from -0.3% to 0.2%.
In annual terms the euro-zone industrial output decreased by 15,4%, compared with -15.9% in the previous month . Note that the index continuously improved within four months after falling to -21.3% in April this year.