Member Login
中文站 English Français Русский Español العربية Português Deutsch
All Categories
Index Products Supplier Investment & development Bulletin Video
Home Bulletin detail

Eurozone Industry Makes Gains Ahead of ECB Meeting

2024-10-18 11:26

Eurozone industry rebounded in August, offering a ray of optimism for the beleaguered factory sector as European Central Bank policymakers prime to cut interest rates again.

Industrial production increased 1.8% on month across the 20 members that use the euro, EU figures showed Tuesday. That is a stronger increase than the 1.6% expected by economists surveyed by The Wall Street Journal, and marks the fourth time since the beginning of 2024 that output has risen rather than fallen, in what has proved an uneven year for the sector.

The currency union’s two largest economies, Germany and France, helped drive the recovery, both booking solid increases in factory output. Production increased across most categories, including consumers goods, capital goods and energy, though intermediate goods fell back a little in output.

Eurozone factories are nevertheless still putting out less than they were in 2021, before Russia’s fullscale invasion of Ukraine dealt a blow from which they have struggled to recover. Further geopolitical strife and weak demand from export markets have added to the sector's woes.

The ECB this summer began to lower interest rates in a bid to ease the weight on investment and demand, and is expected to do so again when its governing council meets in Frankfurt on Thursday.

Europe UK Oil

Eurozone Industry

This newsletter is compiled and reprinted from the global Internet and strategic partner information, and it is only for readers' communication. If there are any infringements or other issues, please inform us timely, this site will be modified or deleted. Email: news@wedoany.com
Negotiable
TOP - 5879F1 - Separated Remote - Transmission Type (Intelligent Valve Positioner)
Negotiable
TOP - 5879F1 - C45 Flameproof and Dust - proof (Intelligent Valve Positioner)
Negotiable
TOP-5879F1-C45 Intrinsically-Safe Type (Intelligent Valve Positioner)
Negotiable
TOP-5879F1-C41 Flameproof Type/Dustproof (Intelligent Valve Positioner)
Negotiable
TOP - 5879F1 - C41 Basic Type/Intrinsically - Safe Type (Intelligent Valve Positioner)
Negotiable
TOP-5879F1-A30 Flameproof Type/Dustproof (Intelligent Valve Positioner)
Negotiable
TOP-5879F1-A30 basic type (intelligent valve positioner)
Negotiable
Epoxy resin tanks
Negotiable
Aluminum dome covers
Negotiable
Enamel assembled tanks
Negotiable
Spiral plate heat exchanger
Negotiable
Shell and tube heat exchanger
Negotiable
Square fully welded heat exchanger
Negotiable
Cyclonic sand separator
Negotiable
Plate heat exchanger
Negotiable
Energy management and control center for oil and gas production enterprises
Negotiable
Cavitation-based closed-type air flotation system (tank-type)
Negotiable
Cavitation-based closed-type air flotation system (skid-mounted)
Bulletin
BP and Partners to Invest $7 Billion in Carbon Capture Project in Indonesia’s Papua Occidental CEO Warns US Is at Risk of Losing Energy Independence Saudi Aramco CFO Driven Off Stage by Climate Protestors in US Petrobras Announces $3.4 Billion in Extraordinary Dividends World’s Most Powerful Onshore Wind Turbine Turns On Surging Wind Power Could ‘More Than Halve’ UK Electricity Prices Rock Rail Acquires 31 New Alstom Talent 3 Plus Trains for German Regional Networks Italian Bess Team Expands Pipeline to 2.9GW GTS Rail Operations Limited Will Take Over Elizabeth Line Services From May 2025 GATX Rail Europe Partners With PJM to Expand Telematics Sensor Offerings ABO Energy Offloads South African Bess Duo Bombardier Global 7500 Smashes 75 Plus Speed Records, LA-Auckland in Under 12HRS Kent Supports UK Floating Wind Team Qatar Airways Cargo and Maskargo Announce New Strategic Partnership Duncan Aviation Showcases Gulfstream V Refurb With Hu-16 Albatross Twist Lobsters Get a Lift From Wind Farm OSM Set to Revolutionise India’s Transport With Hydrogen-Powered Three-Wheelers UK Beam Institute to Demonstrate Hydrogen-Fueled Spirit Production Funding Helps School Decarbonise Heating With Air Source Heat Pumps Throwback Thursday Story: Europe’s Largest Electrolyser Launches, Producing 10 Tonnes of Hydrogen Daily