Eurozone Industry and Business Sector Suffered Damage in April
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Eurozone industry and business sector suffered damage in April
World World: Eurozone’s industry and business sector has suffered losses in April. According to Eurostat data, industrial production fell 2.4% in April. Contraction was observed in all industry sectors. During this period, the trade surplus of 20 countries of Eurozone also declined from 37.3 billion euros in the previous month to 9.9 billion euros. Eurozone exports also declined by 8.2% to the US, while the entire European Union exports declined…
Industrial production fell by 2.4% in the eurozone in April and 1.8% in the European Union as a whole compared to the previous month, according to data published by the Community statistical office on Friday.
Specifically, in the inter-monthly comparison, in the euro area, industrial production fell for intermediate goods by 0.7%, for energy by 1.6%, for capital goods by 1.1%, for durable consumer goods by 0.2% and for non-durable consumer goods by 3%. In the EU, industrial production fell for intermediate goods by 0.4%, for energy by 0.4%, for capital goods by 0.7%, for durable consumer goods by 0.3% and for non-durable consumer goods by 2%. By coun…
Eurozone industrial production down -2.4% mom in April, broad-based weakness - Action Forex
Eurozone industrial production dropped sharply by -2.4% mom in April, significantly below expectations of a -1.6% decline. Output fell in all major categories, with non-durable consumer goods posting the steepest drop at -3.0%. Capital goods, energy (-1.1%), and intermediate goods (-0.7%) also contracted. Durable consumer goods saw a modest -0.2% fall, offering little relief in […] The post Eurozone industrial production down -2.4% mom in April,…
Industrial production in both the euro area and the European Union as a whole fell in April 2025 compared to March, while it rose year-on-year. The figures were released on Friday by Eurostat, the European statistical office. According to Eurostat's first estimate in April 2025 compared to March, industrial production after seasonal adjustment fell by 2.4 percent in the euro area across the EU by 1.8 percent. In March 2025, industrial production…
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