• Prior -0.3%
  • 1.4% vs 0.9% exp y/y. Prior -0.1%
  • EU 28 states 0.7% vs -0.3% prior m/m
  • 2.1% vs 0.7% prior y/y

Not bad numbers from the eurozone. It’s not interesting enough for the euro though as it remains unchanged at 1.3530 after the release.

Durable consumer goods show signs of a weak consumer still rising to 0.1% from 0.0% but non-durable consumer goods show a decent gain to 2.1% from -0.6%. It’s a better story for the 28 states though with durables up 0.7% vs -0.4% in March.

Eurozone IP 12 06 2014

Eurozone IP 12 06 2014

Eurozone IP chart 12 06 2014

Eurozone IP 12 06 2014