Industrial production in the eurozone fell by 0.3% in March, figures have shown, fuelling concerns that the bloc has returned to recession.
The main factor behind the monthly fall was an 8.5% fall in energy production.
On an annual basis, production dropped by 2.2%, Eurostat said.
On Tuesday, the statistics agency will release its first estimate for eurozone GDP between January and March, with many economists expecting a second consecutive quarter of negative growth.
Industrial production in the Netherlands fell by 9% in March from February, compared with an 11% rise in the previous month.
Spanish production fell by 1.8%, while that in Greece contracted by 1%. Production in Germany rose by 1.3%.
"March's fall in eurozone industrial production is a timely reminder that first-quarter GDP, due out tomorrow, will likely show a contraction," said Martin Van Vliet at ING.
Source & Image : BBC
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