EMU: Annual Industrial Production rises 0.5% in May

FXStreet (Łódź) - Year-over-year Eurozone Industrial Production grew by 0.5% in May, down from the 1.4% increase registered the previous month, according to data released by Eurostat. This result is in line with market consensus.

On a monthly basis Industrial Production fell 1.1% in May, following a 0.7% increase in April and slightly below forecasts of falling 1.2%.