ANKARA
Industrial production rose by 0.1 percent in both the eurozone and EU28 in April, Eurostat reported on Friday.
This was a sharp improvement from March when industrial production decreased by 0.4 percent in the eurozone and 0.1 percent in the EU 28, the report said.
Industrial output also increased by 0.8 percent year-on-year in the eurozone and by 1.2 percent in the EU28 from April 2014.
In the euro area, production of durable consumer goods rose by 1.0 percent, capital goods by 0.7 percent and intermediate goods by 0.3 percent. However, production of non-durable consumer goods fell by 0.8 percent and energy by 1.6 percent.
In the EU28, the increase of 0.1 percent is due to production of capital goods rising by 0.6 percent and durable consumer goods by 0.5 percent, while intermediate goods were stable. Energy fell by 0.4 percent and non-durable consumer goods by 1.2 percent.
Analysts at bank Societe Generale said that they expected production to continue to increase this year.
In a note published on June 8, Societe Generale analysts said: "We expect exports to start responding to the euro's weakness in the second half of 2015, although the contribution of net exports to GDP growth looks set to remain muted compared to past recoveries."
“Domestic demand will continue gaining traction, with higher production of consumer and capital goods, helped by the various exogenous factors affecting the region (commodity prices, low interest rates)."
