TOKYO (dpa-AFX) - Japan's industrial production grew more than initially estimated in December, latest figures from the Ministry of Economy, Trade and Industry showed Thursday. Eurozone industrial production rose more than in expected in December, while gross domestic product growth for the fourth quarter was in line with expectations, according to data released by Eurostat on Wednesday. The rate came in line with the preliminary flash estimate published on January 30. Data also showed that capacity utilization rose 2.8 percent monthly in December after remaining flat in the preceding month. The volume of industrial production climbed a working-day-adjusted 4.5 percent year-over-year in December, faster than the 3.6 percent rise in November. Copyright RTT News/dpa-AFX
Eurozone GDP rises by 2.5% in 2017, a pace not seen since 2007, and industrial production is up 5.2% year-on-year. The production of durable consumer goods is up 7.4% and capital goods, indicating investments, are up 7.6%.