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14 Apr 2015
Eurozone industrial production rises more than expected in February
FXStreet (Mumbai) - In February 2015 compared with February 2014, seasonally adjusted Eurozone industrial production rose by 1.6%, beating the estimate of a 0.7% rise, and up from January’s 0.4% gain.
The increase of 1.6% in industrial production in the euro area in February 2015, compared with February 2014, is due to the production of energy rising by 6.6%, non-durable consumer goods by 1.8%, capital goods by 1.1% and durable consumer goods by 0.5%, while intermediate goods fell by 0.2%.
Month-on-month the Industrial Production rose 1.1%, bettering the estimate of 0.4% gains, and up from January’s 0.3% contraction.
The increase of 1.6% in industrial production in the euro area in February 2015, compared with February 2014, is due to the production of energy rising by 6.6%, non-durable consumer goods by 1.8%, capital goods by 1.1% and durable consumer goods by 0.5%, while intermediate goods fell by 0.2%.
Month-on-month the Industrial Production rose 1.1%, bettering the estimate of 0.4% gains, and up from January’s 0.3% contraction.