Eurozone industry suffers end of 2013 reverse

Published February 12, 2014 1:32pm ET



LONDON (AP) — Figures Friday showing industry across the 18-country eurozone suffering an unexpectedly big reverse at the end of 2013 reinforced the pressure on the European Central Bank to do more to shore up the recovery.

Eurostat, the EU’s statistics office, said industrial production fell a monthly 0.7 percent in December. That was more than double the 0.3 percent contraction anticipated in the markets and means that the region’s industry only saw output rise by 0.3 percent in the fourth quarter.

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