WASHINGTON — The European Union’s industrial output continues to struggle, even as analysts suggest that the currency zone’s economy will rebound eventually.
Reuters reported that economic growth will not be inhibited, for the most part, but it is a concern.
In the euro zone, industrial output fell in December by 0.7%, after a 1.6% rise in November. Overall, the euro zone’s gross domestic product looks to increase by a meager 0.2% after a 0.1% growth the previous three months.
These numbers, with other economic indicators, could push the central bank to loosen monetary policy to try to boost the euro zone’s economy as a whole.