The industry of the eurozone begins the second quarter with increase

Contrary to the analysts' expectations industrial production increased in the euro area in April, referring to a strong start in the second quarter.

Industrial output, in the euro area rose by 0.2 percent on monthly level, so the annual growth is estimated at 5.2 percent. The analysts expected a 0.2 percent drop in April. The increase mainly was due to the expansion of the production of durable goods, which increased by 1.3 percent from March to April. In parallel, the issued capital goods rose by 0.5 percent – reports tozsdeforum.hu, after QUAESTOR.