The industrial output of the Eurozone declined by 0.1% in April compared to March, Eurostat said in a report on Thursday. Industrial production in the European Union grew by 0.5% in the same period. Compared to April 2023, industrial production dropped 3% in the euro area and 2% in the EU.
The Eurozone saw a 0.4% month-on-month fall in the production of intermediate goods, while energy output was 0.4% higher, capital goods production rose by 0.7%, durable consumer goods were up 0.3%, and non-durable consumer goods jumped 3.4%.