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Eurozone industrial production rebounds by 0.9% in April
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08:59, June 13, 2008

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Industrial production in the 15-nation eurozone rebounded by 0.9 percent in April after a slight decrease in March, the European Union's statistics bureau Eurostat said Thursday.

Capital goods led the increase in April, rising by 2.0 percent from the previous month, it said.

Durable consumer goods grew by 1.7 percent, while intermediate goods gained 0.3 percent and non-consumer goods rose by 0.2 percent. Production of energy decreased by 1.4 percent.

Industrial production fell by 0.5 percent in March, according to revised figures.

In Germany, Europe's biggest economy, industrial output fell by0.7 percent in April after a slight decrease of 0.1 percent in March. France, the second largest economy, recovered strongly by 1.4 percent following a fall of 1.0 percent in March.

On a year-on-year basis, the eurozone industrial production rose by 3.9 percent in April.

In the broader 27-nation European Union, industrial output also increased by 0.3 percent in April from March. Year on year, it gained 3.7 percent.

Among those members whose data were available, industrial production rose in 17 countries and fell in three on a monthly basis. Ireland recorded the highest monthly decrease of 13.7 percent, while Lithuania saw the largest increase of 12.7 percent.

Source: Xinhua



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