EMU DATA: Industrial production surprised to the downside, falling 0.2%
on the month in March to give an annual gain of 5.3%, Eurostat reported
on Thursday.
— EMU March industry output m/m below MNI median fcast (+0.2%)
— EMU February ind output rev up +0.6% m/m, +7.7% y/y (+0.4%,+7.3%)
— EMU 1q industry output +1.0% q/q; 4q +1.8%; 3q +1.0%
— EMU March 3mm avg (January-March:December-February) +0.2% after
February +0.3%
— For more information, please see MNI MainWire