Euro zone's industrial output up in January

Euro zone’s industrial output up in January

European Union statistics agency Eurostat said that Euro zone's industrial output rose 0.5% month-on-month and 2.2% year-on-year in January 2005. Compared to the previous month, capital goods grew 1.4%, durable consumer goods were up 1.3%, intermediate goods rose 0.4% and consumer goods gained 0.2%. On the other hand, the energy sector saw a 0.9% decline. Year-on-year, intermediate goods and capital goods were up 3%, non-durable consumer goods rose 2.1%, and the energy sector grew 1.1%. However, durable consumer goods fell 2.1%.