By Paul Hannon

 

Factory output in the eurozone rose strongly for the second straight month in June, but it remained well below the levels recorded before the coronavirus prompted widespread shutdowns.

The European Union's statistics agency said industrial production--which also includes the output of utilities and mines--was 9.1% higher than in May, a month that saw the largest rise since records began in 1991.

However, the rebound wasn't large enough to fully reverse the declines in output recorded in March and April, leaving production 11% lower than it was in February, the month before lockdowns became widespread.

Across the currency area, Slovakia saw the largest rise in output--a 21.7% increase from May. The country's economy is heavily focused on making automobiles, with close ties to Germany's leading producers.

 

Write to Paul Hannon at paul.hannon@wsj.com

 

(END) Dow Jones Newswires

August 12, 2020 05:14 ET (09:14 GMT)

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