The volume of industrial production in the eurozone in March 2022 decreased by 1.8% compared to February, according to Eurostat data. Experts on average predicted a drop in the indicator by 2%. Compared to March 2021, industrial production decreased by 0.8%. The dynamics for February was revised for the worse: industrial production increased by 0.5% compared to the previous month. An increase of 0.7% was previously reported. In annual terms, industrial production increased by 1.7%, not 2%. In 27 EU countries, industrial production in March compared with the previous month decreased by 1.2% after rising by 0.6% a month earlier. In annual terms, the indicator rose by 0.7%. The production of durable goods in March increased compared to February in the euro area by 0.8%, in the EU – by 0.7%, capital goods decreased by 2.7% in the euro area and by 2.6% in the EU. Energy output in the euro area fell by 1.7%, in the EU – increased by 1.3%. The largest decline in industrial production compared to the previous month was recorded in Slovakia (-5.3%), Germany (-5.0%) and Luxembourg (-3.9%). The largest growth was observed in Lithuania (11.3%), Estonia (5.1%), Bulgaria and Greece (5.0%). In annual terms, the most significant decline was observed in Slovakia (-7.3%), Ireland (-5.5%) and Germany (-4.1%). The largest growth was recorded in Lithuania (25.9%), Bulgaria (19.1%) and Poland (+17.4%). Source: FINMARKET.RU

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