FOREX TradingCharts.com

Financial News: Eurozone Industrial Production Falls Less Than Expected

Eurozone Industrial Production Falls Less Than Expected

05/13/2022 - 06:59:00 (RTTNews)

(RTTNews) - Eurozone industrial production declined at a slower-than-expected pace in March, data from Eurostat showed on Friday.

Industrial output fell 1.8 percent month-on-month in March, reversing a 0.5 percent increase in February, which was revised down from a 0.7 percent rise estimated initially. Economists had forecast a 2.0 percent decline.

Production in the capital goods sector declined the most by, 2.7 percent on month in March and that of non-durable consumer goods fell 2.3 percent.

Intermediate goods sector registered a 2.0 percent decline in output, while production in the durable consumer goods segment showed an increase of 0.8 percent.

On a yearly basis, industrial production dropped 0.8 percent in March, in contrast to the 1.7 percent rebound in the previous month.

The expected rate of decrease was 1.0 percent. The 1.7 percent increase for February was revised down from +2.0 percent.

Industrial production in the EU27 contracted 1.2 percent monthly, while it grew 0.7 percent from a year ago in March.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Philippine Central Bank Raises Key Interest Rate (02 hr(s), 12 min(s), 02 sec(s) ago)
(RTTNews) - The Philippine central bank increased its benchmark interest rate for the first time i ...Full Story»

U.S. Existing Home Sales Slump More Than Expected In April (02 hr(s), 13 min(s), 02 sec(s) ago)
(RTTNews) - Existing home sales showed a significant decrease in the month of April, according to ...Full Story»

Dutch Jobless Rate Falls Further (03 hr(s), 15 min(s), 02 sec(s) ago)
(RTTNews) - Dutch jobless rate decreased for the fourth successive month in April to remain its lo ...Full Story»

Eurozone Construction Output Remains Flat In March (03 hr(s), 43 min(s), 02 sec(s) ago)
(RTTNews) - Eurozone construction output showed no variations in March, after rising in the previo ...Full Story»

Philly Fed Index Indicates Notably Slower Growth In May (03 hr(s), 55 min(s), 02 sec(s) ago)
(RTTNews) - Growth in Philadelphia-area manufacturing activity showed a significant slowdown in th ...Full Story»

Eurozone Current Account Balance Turns To Deficit In March (04 hr(s), 08 min(s), 02 sec(s) ago)
(RTTNews) - Eurozone current account balance swung to a deficit in March from a surplus in the pre ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Rise To 218,000 (04 hr(s), 16 min(s), 02 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly increased in the week en ...Full Story»

Philly Fed Index Slumps Much More Than Expected In May (05 hr(s), 02 min(s), 02 sec(s) ago)
(RTTNews) - Growth in Philadelphia-area manufacturing activity showed a significant slowdown in th ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Philippine Central Bank Raises Key Interest Rate

05/19/2022 - 11:32 AM (RTTNews)
(RTTNews) - The Philippine central bank increased its benchmark interest rate for the first time i ...Full Story>>

U.S. Existing Home Sales Slump More Than Expected In April

05/19/2022 - 11:31 AM (RTTNews)
(RTTNews) - Existing home sales showed a significant decrease in the month of April, according to ...Full Story>>

Dutch Jobless Rate Falls Further

05/19/2022 - 10:29 AM (RTTNews)
(RTTNews) - Dutch jobless rate decreased for the fourth successive month in April to remain its lo ...Full Story>>

Eurozone Construction Output Remains Flat In March

05/19/2022 - 10:01 AM (RTTNews)
(RTTNews) - Eurozone construction output showed no variations in March, after rising in the previo ...Full Story>>

Philly Fed Index Indicates Notably Slower Growth In May

05/19/2022 - 09:49 AM (RTTNews)
(RTTNews) - Growth in Philadelphia-area manufacturing activity showed a significant slowdown in th ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.