Industrial production in euro zone down by 0.3% in March…

Monday, 14 May 2012 04:04

Eurostat informed today that industrial production fell in both, euro area and whole EU.
As for EA17 index declined by seasonally adjusted 0.3% in March, after gaining 0.8% in February. Comparing with 2011 production level’s reading showed 2.2% decrease.
For the whole European Union countries industrial production dropped by 0.4%. In February index climbed up by 0.4%.
In a yearly capture European industrial production recorded 1.9% decline.
U.S. dollar remained higher against Euro, with couple traded at 1.2872 after report release.