EMU: Annual Industrial Production grows 0.3% in May

FXstreet.com (Barcelona) - Year-over-year Eurozone Industrial Production increased by 0.3% in June, compared with the 1.3% decrease registered the previous month, according to data released by Eurostat. This result is slightly higher than market consensus of +0.2%.

On a monthly basis Industrial Production rose 0.7% in June, following a 0.2% decrease in May and slightly below forecasts of growing 0.8%.