Eurozone April Industrial Production Down 17.1% MoM
[Asia Economy Reporter Kwon Jaehee] According to Eurostat, the statistical office of the European Union (EU), industrial production in the Eurozone fell by 17.1% month-on-month in April. Compared to the same period last year, it decreased by 28%.
Previously, experts had predicted that April's industrial production would record -18.5% month-on-month and -28.8% year-on-year.
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Meanwhile, March's Eurozone industrial production was revised to -11.9% month-on-month and -13.5% year-on-year.
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