Industrial production grew 0.1% in March, below the 0.7% expected

Euro zone industrial production rose 0.1% in the monthly reading for March, falling well below the 0.7% expected increase, but improving from the -1.2% in February (downward revised from -1%).

Year-on-year, the indicator has grown by 10.9%, without reaching the estimated 11.7%, but significantly exceeding the -1.8% of the previous month (revised down from -1.6%). The annual figure records the highest rise in the historical series.

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