Euro zone’s industry incresed by 7.3 percent on an annual basis

Euro zone’s industrial production increased less than expected in February, while in Germany continued to grow, and in other member countries turned into increase, but in Greece and Ireland declined further.

In 17 countries of the zone, production grew by 0.4 percent compared to January. This is lower than the 0.7 percent expectation of the analysts. The data suggest that eurozone’s industrial production is increasing steadily for five months. The annual growth is below the expectations of the analysts. The January datas were revised downwards, from 0.3% to 0.2% on a mothly and 6.6% to 6.3% on an annual basis – reports tozsdeforum.hu.