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Eurozone: industrial production +1,4% year on year in March

According to data released by Eurostat, the production of industry in the Eurozone recorded a growth of 1,4% on an annual basis in March – On a monthly basis, an increase of 0,8% after the -0,4% of February.

Eurozone: industrial production +1,4% year on year in March

Reassuring signals from industry in the Eurozone, which grows more than expected in March. According to data released by Eurostat, in fact, production recorded an increase of 1,4% on an annual basis after the +0,2% recorded in February. In comparison with the previous month, however, production grew by 0,8%, after -0,4% in February, and against the expectations of analysts who spoke of an increase limited to 0,5%.

Among the sectors, the strongest increase in production is that recorded in energy, with a plus 2,5%. Good growth also for non-durable consumer goods, +2,1%.

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