Eurozone Industrial Production Falls In February

Trading 12 avr 2019 Donner votre avis

Eurozone's industrial production fell in February after rising in the previous month, figures from the statistical office showed on Friday.

Industrial production fell 0.2 percent month-on-month in February, reversing a 1.9 percent rise in January. Economists had forecast a 0.6 percent decline.

The latest decline was driven by 3.0 percent fall in energy production, followed by a 0.4 percent decline in the output of durable consumer goods and capital goods each and a 0.1 percent drop in manufacture of intermediate goods.

Meanwhile, non- durable consumer goods rose 0.9 percent in February.

On a year-on-year basis, industrial production decreased 0.3 percent after a 0.7 percent slump in January. Economists had forecast a 1.0 percent fall.

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