Eurozone Industrial Production drops 4.1% MoM in March vs. -2.5% expected

Eurozone Industrial Production snaps its run increases in March, the official data showed on Monday, suggesting that the manufacturing sector recovery has faltered yet again.

Eurozone’s Industrial Output declined 4.1% MoM, the Eurostats said in its latest publication, vs. -2.5% expected and +1.5% previous reading.