Dutch International Group: Energy costs rise, manufacturing recovery in the Eurozone is difficult

On March 13, Bert Colijn, Chief Economist of the ING Group, stated that industrial output in the eurozone had dropped to its lowest level since the end of 2024. The conflict in the Middle East has raised energy prices and exacerbated supply chain disruptions, posing new risks to industrial production in the eurozone, particularly for energy-intensive industries.