Eurozone industrial production logged a marginal expansion in April, with consumer and intermediate goods offsetting declines in capital and energy sectors, official data showed on Monday.
Industrial output rose 0.1% from March, when production advanced 0.4%, Eurostat reported. Output was expected to climb 0.2%. Nonetheless, this was the third consecutive rise in production.
The fall was driven by the 0.4% drop in energy and a 0.5% decrease in capital goods output.
Meanwhile, production of non-durable consumer goods and durable consumer goods moved up 1.7% and 1%, respectively. Intermediate goods output gained 0.8%.
On an annual basis, industrial output grew 0.3%, in contrast to the 2.8% fall in the previous month. This was the first growth in four months.
Industrial production among the European Union's 27 countries also registered a marginal monthly growth of 0.1% in April, marking the third consecutive rise. Year-on-year, production rebounded 0.9% largely driven by higher capital goods and energy output.
Among member states, Malta, Sweden and the Netherlands showed the highest monthly increases. On the other hand, the largest decreases were seen in Bulgaria, Greece and Poland.
