In March 2018, industrial production in the euro area increased by 0.5% compared to February, when the figure fell by 0.9%, according to the data of the Statistical Office Eurostat. In annual terms, the volume of industrial production in the eurozone grew by 3%. The analysts had expected the first indicator to increase by 0.7%, the second one – by 3.6%. In the EU countries, industrial production growth in March compared to the previous month was 0.4%, compared to March of last year – 3%. The most significant growth in monthly terms was recorded in Estonia – by 4.1%, and Portugal – by 3.7%. The largest decline was observed in Ireland – by 7%, and Croatia – by 4.3%.
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