Eurozone’s industrial production falls 0.8% in March
Eurostat released its industrial production data for the Eurozone on Thursday. Industrial production in the Eurozone fell 0.8% in March, missing expectations for a flat reading, after a 1.2% drop in February. February's figure was revised down from a 0.8% decrease.
Non-durable consumer goods output dropped 1.9% in March, capital goods output decreased 1.1%, while energy output increased 2.0%.
Intermediate goods output fell 0.8% in March, while durable consumer goods declined 0.4%.
On a yearly basis, Eurozone's industrial production rise 0.2% in March, missing expectations for a 1.1% rise, after a 0.8% increase in February.
Durable consumer goods climbed by 1.1% in March from a year ago, capital goods rose by 1.6%, non-durable consumer goods slid by 3.0%, while intermediate goods output increased by 1.1%.
Energy output declined by 0.7% in March from a year ago.
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