The Eurozone and the EU recorded an increase in industrial production in February

According to data released by Eurostat, industrial production adjusted for seasonal effects increased by 0.4% in February compared to the previous month in both the Eurozone and the European Union.
In contrast, on an annual basis, industrial production declined. In February, output fell by 0.6% in the Eurozone and by 0.1% across the European Union compared to the same period last year.
Among member states, the highest monthly increase was recorded in Ireland with 5.7%, followed by Finland at 3.3% and Sweden at 3.2%.
On the other hand, the sharpest decline was seen in Malta at 6%. Luxembourg and Greece also stood out with decreases of 4.6% and 2.1%, respectively.

Author: SteelRadar Editorial Team

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