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Eurostat released its industrial production data for the Eurozone on Friday. Industrial production in the Eurozone rose 0.1% in April, missing expectations for a 0.3% gain, after a 0.4% decline in March. March's figure was revised down from a 0.3% decrease.
The increase was driven by a rise in durable consumer goods and capital goods output. Durable consumer goods were up 1.0%, while capital goods rose by 0.7%.
Non-durable consumer goods declined by 0.8%, while energy output dropped by 1.6%.
On a yearly basis, Eurozone's industrial production gained 0.8% in April, missing expectations for a 1.1% rise, after a 2.1% increase in March. March's figure was revised up from a 1.8 gain.
The increase was driven by a rise in durable consumer goods and in production of energy. Durable consumer goods climbed by 1.7% in April from a year ago, while capital goods output rose by 2.1%.
Non-durable consumer goods declined by 0.3%.
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