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Solid rise in euro industrial production

Euro zone industry - Growth accelerated in November
Euro zone industry - Growth accelerated in November

EU figures show that euro zone industrial production rose by 1.2% in November after a 0.7% increase in October.

Of the 16 euro zone states in 2010 - now 17 since Estonia joined this year - where data was available, industrial output rose in four countries and fell in six, the Eurostat agency said.

The sharpest rises were in France, up 2.3%, and in Spain, up 1.2%, while the biggest falls were registered in Malta, down 3.2%, and Greece, down 1.5%.

Production of intermediate goods rose 1.6%, while energy was up 1.5% and investment goods up 1.4%. Durable consumer goods increased 0.1%.

Across the 27-nation EU, industrial output increased 1.4% in November compared to October. On an annual basis, output rose 7.4% in the euro area and 7.8% across the EU.