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Eurozone Industrial Production Falls For Second Month

Eurozone industrial production fell for the second straight month in March, figures from Eurostat showed on Tuesday.

Industrial production declined 0.3 percent month-on-month in March, following a 0.1 percent fall in February and in line with economists' expectation.

The latest decline was driven by 1.0 percent fall in non-durable consumer goods and a 0.3 percent decline in energy production.

Output of durable consumer goods, capital goods and intermediate goods rose by 0.7 percent, 0.4 percent and 0.1 percent, respectively in March.

On a year-on-year basis, industrial production decreased 0.6 percent after remaining flat in the previous month. Economists had forecast a 0.8 percent fall.

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