EMU DATA: Industrial output in the Eurozone unexpectedly rose 0.2% on
the month in April to its highest level since late 2008, lifting
production 5.2% on the year, Eurostat reported on Wednesday.
— EMU April industry output m/m above MNI median fcast (-0.2%)
— EMU March ind output rev up unch m/m, +5.8% y/y (-0.2%,+5.3%)
— EMU April industry output +0.4% vs 1q avg; 1q +1.1% q/q
— EMU April 3mm avg (February-April:January-March) +0.3% after March
+0.2%
— For more information, please see MNI Mainwire