Eurozone industrial production growth slowed slightly in March, after accelerating in the previous month, figures from Eurostat showed Wednesday
Industrial production rose a working-day-adjusted 1.8 percent year-over-year in March, just below economist’s expectations for a 1.9 percent climb.
In February, production had risen 1.9 percent, which was revised up from a 1.6 percent increase estimated earlier.
Production in the energy sector grew 3.8 percent in March from the previous year and that for capital goods sector expanded by 0.3 percent. At the same time, durable consumer goods sector registered a decline of 1.7 percent and intermediate goods sector showed no variations.
On a monthly basis, industrial production fell 0.3 percent in March, in contrast to a 1.0 percent climb in February, revised from a 1.1 percent gain. Economists had expected the index to remain flat in March.
In the E28, industrial output expanded 2.0 percent in March from a year ago and remained unchanged from the prior month.
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