Eurozone Industrial Production Recovers In February

Industrial production in the eurozone rebounded on a monthly basis in February, according to Eurostat data released on Monday.

Industrial output in the single-currency zone grew 0.8% month-on-month in February, shifting from a revised decrease of 3% in January, Eurostat data showed.


Industrial production rose by 1.4% for durable consumer goods, 1.2% for capital goods, and 0.5% for intermediate goods.

On the other hand, it decreased by 3.0% for energy and by 0.9% for non-durable consumer goods.

In the EU, industrial production also reversed to a growth of 0.7% in February after January's 2.7% decline.

On an annual basis, industrial production contracted by 6.4% in the euro area and by 5.4% in the EU. -