Eurozone March industrial production +0.1% vs +0.8% m/m expected

Author: Justin Low | Category: News

Latest data released by Eurostat - 12 May 2021


  • Prior -1.0%; revised to -1.2%
  • Industrial production +10.9% vs +11.8% y/y expected
  • Prior -1.6%; revised to -1.8%
Not much change in factory output towards the end of Q1 but the year-on-year reading shows a big jump though that owes mostly to base effect adjustments, considering the plunge seen at the start of the pandemic in March last year.
Invest in yourself. See our forex education hub.

The jumps in production of non-durable consumer goods (1.9%), energy (1.2%) and intermediate goods (0.6%) were offset by falls in capital goods production (1.0%) and durable goods (1.2%) during the month of March.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose