Euro Area Industrial Production Mom

Eurozone industrial production rose by 1.1% month-over-month in February 2025, accelerating from a downwardly revised 0.6% increase in January and easily beating market expectations of a 0.3% gain. This marked the fastest monthly growth since August 2024, driven primarily by strong rebounds in the output of non-durable consumer goods (2.8% vs. -2.4% in January) and capital goods (0.8% vs. flat previously). Intermediate goods production also rose, though at a slower pace (0.3% vs. 1.4%). Meanwhile, output continued to decline for both energy products (-0.2% vs. -1.1%) and durable consumer goods (-0.3% vs. -1.5%), marking a second straight month of contraction. On an annual basis, industrial production increased by 1.2%, ending a 21-month streak of declines and outperforming forecasts of a 0.8% drop.