EU Industrial Output Expanded Less-than-Expected in February

Industrial output in the Eurozone expanded less than expected in February, while gains in the previous two months were revised downwards, Eurostat reported on Wednesday. On the month, production was only 0.4% higher in February, matching the most pessimistic forecasts and resulting in an annual increase of 7.3%. Taking into account the prior months’ revisions, average output in over January and February was still up 1.0% compared to 4Q, which in was 1.9% higher than in 3Q. – iMarketNews

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.