Eurozone industrial production rose in September for the second month in a row, beating expectations as higher production in France and the Netherlands offset the decline in Germany and Italy, official estimates showed on Wednesday.

Eurostat said factory output in the 19 euro zone countries rose 0.1 percent in September, month on month, after a 0.4 percent increase in August, compared with market expectations of a 0.3 percent decline.

The unexpected increase offset a 0.5 percent drop in July, ending the third quarter positively after a weak start.

In September, the production of non-durable consumer goods such as food rose 1 percent, but the production of more expensive durable goods such as cars and refrigerators fell 0.7 percent.

In the wake of global trade wars, Germany's export-dependent manufacturing sector fell for the fourth time in six months in September.

The 1 percent decline overshadowed August's 0.7 percent gain.

Source Sky News

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