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Eurozone Industrial Output Rises Marginally

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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Eurozone industrial production logged a marginal expansion in April, with consumer and intermediate goods offsetting declines in capital and energy sectors, official data showed Monday.

Industrial output rose 0.1 percent from March, when production advanced 0.4 percent, Eurostat reported. Output was expected to climb 0.2 percent. Nonetheless, this was the third consecutive rise in production.

The fall was driven by the 0.4 percent drop in energy and a 0.5 percent decrease in capital goods output.

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