Indicators
Euro-Zone Industrial Output Misses Estimate as Struggles Persist
An employee assembles an electric induction cooker unit in Velenje, Slovenia.
Photographer: Oliver Bunic/BloombergThis article is for subscribers only.
Euro-area industrial production rose less than anticipated in May — adding to signs that manufacturing is struggling to regain momentum after the 20-nation bloc suffered a recession over the winter.
Output increased 0.2% from April, less than the 0.3% economists polled by Bloomberg estimated. Production shrank 2.2% from a year ago, falling well short of analysts’ expectations.