Eurozone Industrial Production rises steadily by 0.2% in March, misses estimates
The Eurozone industrial sector activity rises steadily by 0.2% in March, slower than 0.3% estimates, according to data published by Eurostat. February’s Industrial Production data was revised lower from 0.4%.
The miss in industrial production estimates may lead to bearish sentiment in the Eurozone, potentially weakening the euro against major currencies. Traders may react negatively to the downward revision of previous data.
The Eurozone industrial sector activity rises steadily by 0.2% in March, slower than 0.3% estimates, according to data published by Eurostat. February’s Industrial Production data was revised lower from 0.4%.
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