FXstreet.com (Barcelona) - Industrial production has declined in the Euro Area in March weighed by declines in durable consumer goods and capital goods according to data released by Eurostat.
As widely expected, Industrial production has decreased 0.2% in the countries sharing the euro, with Durable consumer goods and capital goods posting declines by 1.5% and 1.1% on the month, while production of energy offsetting the drop with a 2.7% increase.
On the year to march, industrial production has increased 2.0%, down from the 3.1% increase posted in February. Production of energy was, again the most productive sector, with a 5.8% increase in the last twelve months, followed by capital goods, which posted a 4.1% grow. On the negative side, production of durable consumer goods decreased 3.2% on the year.