Eurozone industrial production surges in June Push the economy to turn around and grow slightly.

Reuters reports that The Eurozone industrial sector turned in good results in June. As a result, the overall Eurozone economy in the second quarter should be weak. Turned around and grew a little.

The European Union Statistics Office (Eurostat) revealed today (16 August) that Industrial production in the European Union (EU) in June rose more than expected at 0.5% month-on-month.

Meanwhile, the gross domestic product (GDP) for the second quarter of 2 (2566nd estimate) of the EU increased by 2% quarter-on-quarter. Equal to the previous quarter

However, these numbers may seem too good to be true. This benefited from a 3.3% rise in Ireland's GDP, thanks to the presence of large foreign companies in the country for tax benefits.

If Ireland is not counted then Most of the Eurozone economies have been in a standstill over the past three quarters. It was affected by the recession in the manufacturing sector. and higher food and energy prices. Although the service sector and employment are still good.