Investing.com - Industrial production in the euro zone was unexpectedly flat in December, underlining concerns over the outlook for economic growth in the single currency bloc, official data showed on Thursday.
In a report, Eurostat, the European statistics agency said industrial production was flat in December, disappointing forecast for a 0.2% gain.
Industrial production rose by 0.1% in November, whose figure was revised from a previously reported gain of 0.2%.
Year-on-year, industrial production declined 0.2% in December from a year earlier, compared to expectations for an increase of 0.3% and after falling at a rate of 0.8% in the preceding month.
EUR/USD was trading at 1.1340 from around 1.1344 ahead of the release of the data, while EUR/GBP was at 0.7442 from 0.7446 earlier.
Meanwhile, European stock markets remained broadly higher. The EURO STOXX 50 tacked on 1.05%, France’s CAC 40 advanced 0.8%, Germany's DAX jumped 1.2%, while London’s FTSE 100 picked up 0.5%.