Eurozone Industrial Production increases by 1.5% MoM in February vs. 1.0% expected

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Eurozone Industrial Production increases by 1.5% MoM in February vs. 1.0% expected
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Eurozone Industrial Production increases by 1.5% MoM in February vs. 1.0% expected Eurozone IndustrialProduction EconomicIndicator EURUSD

Industrial Production extends its uptrend in February, the official data showed on Wednesday, suggesting that the manufacturing sector recovery is holding ground.

On an annualized basis, the old continent’s Industrial Production arrived at 2.0% in February versus a 0.9% figure registered in January and 1.5% estimates.The shared currency failed to find any inspiration from the upbeat 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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