Eurozone March industrial production +2.6% vs +1.8% m/m expected

• Prior +1.1%

That’s an unexpected surge in euro area industrial output. The breakdown shows it comes amid a jump in capital goods in particular. The rise there (+3.2%) was accompanied by increases in output for durable consumer goods (+3.1%) and also intermediate goods (+0.6%). That was slightly offset by a fall in energy output (-0.5%) on the month.

This article was written by Justin Low at www.forexlive.com.