The data published by Eurostat on Wednesday revealed that industrial production in the euro area expanded by 0.1% to beat the market expectation for a decline of 0.3%.
“In the euro area in September 2019, compared with August 2019, production of non-durable consumer goods rose by 1.0% and capital goods by 0.6%, while production of durable consumer goods fell by 0.7%, energy by 0.8% and intermediate goods by 0.9%,” Eurostat added in its publication.
The EUR/USD pair edged higher on the upbeat data and was last up 0.12% on a daily basis at 1.1020.
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