Industrial output in the eurozone was better than expected in April, improving from a steep decline in March, providing a respite from a gloomy outlook of the bloc’s manufacturing economy.
Industrial production–which comprises output from manufacturing, mining and utilities–rose 1.0% in April compared with the previous month, swinging from an upwardly revised 3.8% slump in March, according to data from the European Union statistics agency Eurostat released Wednesday.
Economists…
Read the full article here
