European markets closed higher Friday as data showed French and Italian industry output rebounding more strongly than expected in May.
The pan-European Stoxx 600 provisionally closed up by 0.8%, autos adding 2.3% to lead gains as all sectors except health care advanced into positive territory.
Having begun the session in the red, markets across the continent received a boost after data showed Italian industrial production jumped 42.1% in May from the previous month, as the country emerged from lockdown, outstripping the median forecast of 22.8% by analysts polled by Reuters.
French industry output climbed by 19.6% in May, surpassing economist expectations of a 15.1% rise. France only began lifting its comparatively strict lockdown measures on May 11.
Source: CNBC