Belgium: Industrial production contracts in April
June 25, 2015
In April, industrial production fell a seasonally-adjusted 1.3% over the previous month. The reading contrasted the 3.3% expansion registered in March. April’s result reflected a broad-based deterioration across industries.
In year-on-year terms, industrial production swung from a 4.5% rise in March to a 1.0% contraction in April. As a result, annual average growth in industrial output ticked down from minus 0.1% in March to minus 0.3% in April.