Eurozone Industrial Production drops 4.1% MoM in March vs. -2.5% expected Eurozone IndustrialProduction EconomicIndicator EURUSD
Industrial Production snaps its run increases in March, the official data showed on Monday, suggesting that the manufacturing sector recovery has faltered yet again.
On an annualized basis, the bloc’s Industrial Production arrived at -1.4% in March versus a 2.0% figure registered in March and against the expected growth of 0.9%.The shared currency has lost its upside traction on the downbeat German industrial figures. At the time of writing, Information on these pages contains forward-looking statements that involve risks and uncertainties.
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