Eurozone Industrial Production rebounds 0.7% MoM in January vs. 0.4% expected

Eurozone Industrial Production saw an upturn in January, the official data showed on Wednesday, suggesting that the manufacturing sector recovery is gaining traction.

Eurozone’s Industrial Output jumped by 0.7% MoM, the Eurostats said in its latest publication, vs. a 0.4% expected and -1.3% previous print.