EMU: Annual Industrial Production contraction accelerates in February

FXstreet.com (Barcelona) - Year-over-year Eurozone Industrial Production fell for the fifteenth straight month by 3.1%% in February, following a 2.4% drop in January, Eurostat informed on Friday. This is a more negative result that the forecasted 2.5% decrease.

Eurozone Industrial Production rose by 0.4% between January 2013 and February 2013, in comparison with the 0.6% decline registered between December 2012 and January 2013 and above expectations of a 0.1% increase.