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Eurozone industrial output rises in August

The eurozone's seasonally adjusted industrial production rose by 1.4% in August month over month, compared with a revised 0.3% increase in July, Eurostat reported.

The increase in monthly output came as the production of capital goods advanced by 3.1%, durable consumer goods by 1.3%, intermediate goods by 1.2% and energy by 0.2%. Meanwhile, output of nondurable consumer goods remained stable during the month.

Year over year, industrial production in the eurozone rose by 3.8% compared with a revised 3.6% increase in July.