Eurozone industrial output drops 0.5% in August, energy costs weigh

Eurozone industrial production fell 0.5% in August, extending a decline amid persistent energy price pressures and escalating Middle East conflict. The data signals continued weakness in the bloc's manufacturing sector, with energy costs and geopolitical uncertainty dampening output. This adds to evidence of a growth slowdown in the eurozone, though the full impact of the Middle East escalation remains uncertain.