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Eurozone industrial output increases in April

by ChemOrbis Editorial Team -
  • 14/06/2017 (15:09)
According to the data from Eurostat, industrial output in the Eurozone increased by 0.5% on a monthly basis in April after a revised rise of 0.2% in March. It was also up by 1.4% when compared to the same month of 2016, following a revised yearly rise of 2.2% in the previous month.

The monthly increase in output in April was mainly driven by an increase of 4.7% in production of energy, of 0.6% in durable consumer goods, of 0.2% in non-durable consumer goods and of 0.1% in intermediate goods.

The largest contribution to the monthly rise in industrial output in April came from Ireland by 7.7%, Malta by 2.9% and Portugal by 2% while the output in Slovakia, Luxembourg and Greece posted the largest drops by 10.9%, 3.1% and 2.9% respectively.
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