Industrial production rose 1.1 percent from the previous month. The median forecast of analysts surveyed by Reuters was for output to decline 0.5 percent from January.

Factory output dropped 6.4 percent from a year earlier compared with the forecast for a 3.1 percent decline, marking the biggest on-year decline since 2013.

Factory output increased a revised 0.9 percent in January from December.

 

Copyright Reuters, 2018