Industrial production weakened more than expected in March, according to Eurostat Industrial output in the Eurozone suffered a significant decline of 4.1% month-over-month in March, below market expectations, data from the statistics office Eurostat showed on Monday. In annual terms, the figure was down by 1.4%. Industrial production throughout the EU saw a 1.3% year-on-year fall and 3.6% monthly drop. The decline was the most substantial since the pandemic-induced plunge. The downturn was driven by a sharp decrease in the production of capital goods, such as buildings and equipment used to make products and prov
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