Industrial production in the eurozone surged for the first time in the first quarter, implying economic recuperation has picked up into a fourth year amid lower demand for its exports.
Official figures showed the industrial output climbed 1.1% in March, which was 2.0% higher from a year ago.
Consumer goods fueled the output increase, indicating higher household spending has continued to beef up recuperation as unemployment rate slumps and lower energy prices bolstered disposable salaries.
Employment rate, meanwhile, gained 0.3% in the first quarter.
The material has been provided by InstaForex Company – www.instaforex.com