French threw up a nasty surprise
Damir Sangolj/Reuters
This is below economic forecasts of a 0.5% expansion.
Meanwhile, manufacturing production contracted 1.1% year-on-year, much lower than the expected 1.2% rise. It's France's worst industrial contraction since 2014.
It mirrors Germany, whose industrial production contracted 1.3% in March. On the plus side, German exports enjoyed an uptick, rising 1.9%.
Germany's Economy Ministry remained positive, saying the export figures suggested things were looking up:
"The industrial sector has overcome its foreign trade related weak phase of the second half of 2015," it said. "The economic trend in the industrial sector is currently pointing upward."
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market