Europe's industry Analysts are sceptical about the outlook for European industry Analysts predict a downturn for Europe's industry, despite a rise in industrial output early this year.
Analysts say production is stuck at low levels.
But the big picture is still that production is stuck close to the depressed levels that we saw in January, so it is hard to say that these are strong figures. While in Germany, Luxembourg, Spain, Italy and the UK, industrial production actually declined. The future Analysts are fairly optimistic about the first quarter of this year, but they predict a dip in industrial production over the next few months.