Eurozone Industrial Production rebounds in April, the official data showed on Wednesday, suggesting that the manufacturing sector recovery is attempting a comeback.

Eurozone’s Industrial Output jumped 1.0% MoM, the Eurostats said in its latest publication, vs. 0.8% expected and -3.8% previous reading.

On an annual basis, the bloc’s Industrial Production increased 0.2% in April versus a -1.4% figure recorded in March and against the expected growth of 0.8%.

FX implications

The shared currency in little changed by the mixed German industrial figures. At the time of writing, EUR/USD is trading at around 1.0800, adding 0.08% on the day.