Stock indices traded higher on the mixed economic data from the Eurozone. Destatis released its industrial production data for Germany on Tuesday. German industrial production fell 1.3% in March, missing expectations for a 0.3% drop, after a 0.7% decline in February. It was the biggest drop since August 2014.
German industrial production excluding energy and construction fell by 1.2% in March.
According to Destatis, Germany's trade surplus increased to €26.0 billion in March from 20.2 in February. February's figure was revised down from a surplus of €20.3 billion.
Exports climbed 1.9% in March, while imports were down 2.3%.
On a yearly basis, German exports decreased 0.5% in March, while imports slid by 4.3%.
Germany's current account surplus was €30.4 billion in March, up from €21.1 billion in February. February's figure was revised up from a surplus of €20.0 billion.
The French statistical office Insee its industrial production figures on Tuesday. Industrial production in France slid 0.3% in March, missing expectations for a 0.3% increase, after a 1.3% drop in February. February's figure was revised down from a 1.0% fall. Manufacturing output dropped 0.9% in March, while construction output jumped 1.2%.
The U.K. Office for National Statistics (ONS) released trade data for the U.K. on Tuesday. The U.K. trade deficit in goods narrowed to £11.2 billion in March from £11.4 billion in February.
The decline in deficit was driven by a rise in exports, which increased by £0.4 billion in March.
The total trade deficit for goods and services widened to £13.3 billion in the first quarter from £12.2 billion in the fourth quarter of 2015. It was the biggest gap since the first quarter of 2008.
The total trade deficit, including services, narrowed to £3.83 billion in March from £4.3 billion in February. February's figure was revised down from a deficit of £4.84 billion.
Name Price Change Change %
FTSE 100 6,166.23 51.42 0.84 %
DAX 10,088.46 107.97 1.08 %
CAC 40 4,368.69 45.88 1.06 %