Latest data released by INSEE - 10 January 2018
- Prior m/m +1.9%; revised to +1.7%
- Industrial production y/y +2.5% vs +2.6% expected
- Prior y/y +5.5%
- Manufacturing production m/m -1.0% vs -1.4% expected
- Prior m/m +2.7%; revised to +2.5%
- Manufacturing production y/y +3.0% vs +2.9% expected
- Prior y/y +6.9%; revised to +7.0%
A mixed bag of numbers but generally within expectations as both industrial and manufacturing production y/y numbers fall compared to prior reading. Nothing too alarming as they are volatile numbers, and still look decent.
EUR/USD unphased now at 1.1939, almost unchanged on the day.
