Eurozone economy registers surprisingly strong growth spurt

Warsaw

INDUSTRIES across the eurozone cranked up output in November and Germany ended the year with its strongest growth in five years, data showed on Thursday, pointing to an economic spurt that may be arriving earlier than some European Central Bank (ECB) policymakers expect.

Eurozone industrial output in the 19-country currency bloc rises 1.5 per cent on the month and 3.2 per cent year on year as firms stepped up production before Christmas. Both figures were far better than expected.