Eurozone Industrial Production rises faster by 0.4% MoM in November vs. 0.3% estimates

The Eurozone industrial sector activity rises 0.4% in February, faster than estimates of 0.3%, according to data published by Eurostat on Wednesday. In January, the Industrial Production data was declined by 0.8%, revised higher from -1.5%.

On an annualized basis, the industrial output declined steadily by 0.6%, while it was expected to have contracted at a faster pace of 1%. The January reading was revised higher from -1.2%.