Eurozone Industrial Production Rises 0.1% in April, Misses Estimates

Eurozone industrial production rose by just 0.1% month-on-month in April, according to data from Eurostat, falling short of the 0.3% increase expected by analysts.

The March figure was revised upward to 0.4% from the previously reported 0.2%. The modest April gain suggests ongoing weakness in the bloc's manufacturing sector, which may weigh on GDP growth prospects.

The data is closely watched by the European Central Bank as it assesses the economic outlook ahead of its next policy decision.