Euro zone reports monthly decrease in industrial output

Euro zone reports monthly decrease in industrial output

European Union statistics agency Eurostat said that Euro zone's industrial output fell 0.5% month-on-month; but up 0.6% year-on-year in February 2005. Compared to January, output of capital goods dropped 0.7%, durable consumer goods 0.5%, and intermediate goods 1.4% in February. On the other hand, the energy sector enjoyed a 3.9% increase. Year-on-year, intermediate goods and capital goods were up 0.4% and 1.1% respectively. Non-durable consumer goods rose 0.5%, and the energy sector grew 2%. However, output of durable consumer goods fell 4.1%.